Happy Wednesday! The market rebounded nicely after an utterly pathetic September…
But the overall market is a far cry away from being back to where we were at the highs.
As many traders are waiting for the next move from the Fed, I have a very important question for you…
What’s your overall goal?
I bet your response is “to make more money.”
As interest rates continue to rise, we’re all feeling the pain…
And what I want to do is to help you achieve a little bit of financial relief.
I’ve minted over 20 millionaire students, and I have a few more students coming close to the million dollar milestone.
Now, making $1 million from trading seems like a big task. Don’t let it daunt you. We’ll take this one step at a time.
As we continue this train wreck of a ride, I want to share with you how I plan to stay safe and profitable in this bear market…
Table of Contents
Surviving This Bear Market
Everyone does things differently with their money, and financial freedom comes at a certain price.
The stock market offers you the opportunity to achieve financial freedom, but it doesn’t come easy…
It involves a great amount of studying, but it becomes easier if you have the right tools and framework to follow.
My framework has helped me stay profitable, even when we have experienced similar crashes in the past…
- COVID-19
- The Great Recession
- The Dot-com Bubble
But what is it that I’m focusing on in my framework now compared to a bullish market?
I’m focusing on steps 4 and 5 … the panic dip-buy.
Why? Well, in a bearish market, there are fewer spikers for traders to choose from.
Over the last few weeks, you’ve seen that I traded a recent OTC spiker. I’ve been focusing on this strategy.
So, let’s take a look at my most recent trade…
Global Tech Industries Group, Inc. (GTII)
I’ve been talking about this stock a lot over the last few weeks…
I hope all of you were able to capitalize and identify this most recent dip-buying opportunity in GTII.
If you didn’t, don’t worry, there will be many more opportunities throughout your journey.
It’s important for you to understand that this type of pattern can work in any type of market…
Why My Pattern Works in Any Market
My pattern has worked in all types of markets. It may not work every day, but it can work whether the market is up or down…
And in this market, I’m looking to make quick profits as the price action can turn in a matter of seconds.
But you can’t just dip buy at any time…
I tend to look for stocks that have seen a significant amount of upside over just a few days…
That way, I can find those bigger panics early in the morning…
There’s a lot more to this strategy that you need to study. I can’t share all of that information with you today…
But I will share this … With every trade, you want to be able to spot where you would enter and exit the trade…
This is critical to help you find key support and resistance areas on a chart so you aren’t just blindly trading at random times…
Identifying Support and Resistance
With every trade, I always look for support and resistance levels…
Why? These levels can show you where the best time to dip-buy is (usually near a level of support)…
But it can also show you where there is a level of resistance (a point at which the stock may retreat backward).
With any stock that you trade, even if they aren’t OTCs, you’ll notice that there may be multi-month resistance (or support) levels that can help traders predict what the stock may do.
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Is Dip Buying The Right Pattern For You?
As you are starting your trading journey, I don’t encourage any of you to trade big…
But to study big!
Not every trade will have a perfect dip-buying opportunity. But when you spot the right one, it’s a beautiful feeling!
Before every trade, you need to make sure you’re studying, planning, and knowing what your entry and exit points are.
With the dip-buying pattern, you should be out of your trade in a matter of minutes.
This pattern won’t come naturally, it’ll take time for you to master…
Just like all of my millionaire students.
Continue to stay safe in this market. Study this one pattern that has proven to work no matter how the market is performing.
Cheers,
Tim
P.S – Want the best defense against high inflation? Trade the hottest stocks with the best patterns. I can show you how …
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