Bear markets are without doubt the toughest markets to trade. They can punish traders. It’s the type of markets where fortunes are lost, 401Ks get crushed and many traders give up. However, they also lead to amazing opportunities for strategic traders who know what to look for. Here are seven important tips to profitably trade …
Read more7 Essential Tips For Swing Trading Bear Markets (Coronavirus)
We have not seen a full-on bear market in over a decade. We have seen periods when the SPY has had large pullbacks for a week or two, but the dip has always been bought up. Then we continue to make all-time highs. Now it’s different. In the last week, we have seen a massive …
Every trader strides for consistent results from trading stocks. Almost everyone who tries trading stocks makes money at some point. BUT they do not have the skill to KEEP the money they make. And this is why most fail. Inconsistency. Every trader has to go through these boom and bust cycles until they change what …
Read more3 Proven Strategies to Become a More Consistent Trader
Your mental state affects your trading. Are you ready to shred? Nervous? Rushing before the market to get ready? Disorganized? Confidence comes from Competence. Not the other way around. Preparation breeds competence then > competence. Are there distractions likely to affect your trading today? Kids crying? Boss asking for reports? Are you doing everything you …
It is no secret that a trading mentor is integral to finding consistency. Every successful individual throughout history had a mentor. Paul Tudor Jones had Eli Tullis. Warren Buffet, Benjamin Graham. Michael Jordan, Howard White. There is no reason to try to figure out something as difficult as trading all by yourself. With the internet, …
Explosive stocks aren’t random. You have to know the characteristics of the best stocks to trade. Many traders lose because they have the wrong stocks on their watch list. They are watching the wrong stocks because they don’t know what to look for. As momentum traders, we want stocks that have a high probability of …