Trading the Fed Decision
Today's Federal Reserve interest rate decision is a big event for traders. This is the type of catalyst that will set the tone for days, weeks and even months to come. In today's video, I show you exactly how to trade around the big fed decision and lay out what you need to know.
7 Key Things You Will Learn In Today's Video
Today's video reviews�7 key things you need to know to trade around today's fed decision:
- The key interest rate hike levels to guage
- Trading volatility using UVXY and SPXY
- How VIX spiked during market selloffs
- What could cause the market to breakout
- What could cause the market to breakdown
- Trading big tech after the decision
- Daytrading with the Fed fade
Watch this video and put what you've learned into practice!
How the Swing Trade Report Helps:
I hope that learning the 7 habits of effective part-time traders has helped you focus on techniques that will improve your trading. I've designed my�swing trade report�to help those who are new to part-time trading avoid the hurdles that held me back for years. First is the education. As I mentioned above, it's easy to collect "trading trivia" that feels valuable on the surface but is functionally useless. The strategies that I use and teach have zero fluff. If something isn't useful in the real world of trading, I don't include it. As someone engaged in part-time trading, you must focus your limited hours and mental bandwidth on what is most useful, and my report will help you do that.One of the biggest mistakes I made as a new trader - and it's one that almost all new traders make - was not managing my risk properly. It's important to understand that the way a day trader and a swing trader manage risk aren't identical. When you are part-time trading, you can't sit and watch every tick of a stock. Some stocks that would be fine to day trade are simply too volatile to swing trade safely. �I curate my watchlist with this in mind, leaving out the craziest momentum stocks, while keeping huge movers like $FCX (19% gain,�3-day�hold), $UCO (27%,�2-week�hold), and $NUGT (24% 2-week�hold).�When I alert a stock from my report, you run little risk of missing the entry and chasing, and you won't have to be worrying that it will make a drastic move overnight.The�swing report�will help you gain confidence as a trader. Rather than trying to piece together something that works from a random collection of books, forum posts, and blogs, you'll get one concise, cohesive report that gives you everything you need.�No more jumping around from one system to the next. No more blindly following the latest social media buzz. You'll earn your confidence as a part-time trader one successful swing trade at a time.