Don’t look now, but the market looks UGLY.
And to make matters worse, we’re now entering what is historically the most volatile and brutal period for stocks.
We rallied hard during the first half of the year thanks to all the hype around AI…but fears of inflation staying elevated for some time have put stocks under heavy pressure.
Many people are fearful of a big #stockmarketcrash and while the odds are low, it IS possible if history is a guide. Yes, past performance DOES indicate future performance & in the #StockMarket history DOES repeat. You don't need to be a #hodler you CAN taking singles/cut losses https://t.co/AcBbcAvAWl
— Timothy Sykes (@timothysykes) September 26, 2023
The market is volatile and always changing, but there’s a way to weather the storm…and even thrive.
I’ve broken it down to five key insights based on my 20+ years in the trading game.
Table of Contents
#1 Discipline: The Foundation of Every Trade
I can’t stress this enough: discipline is your best friend in this game. It’s not just about recognizing patterns.
It’s about having the mental fortitude to stick to your strategy, especially when the going gets tough.
Sure, alerts can be helpful, but blindly following them?
That’s a rookie mistake.
Use them as tools to hone your skill set and identify patterns that resonate with you. Remember, the journey is about refining your process, not chasing instant riches.
This is EXACLY why I teach, not only is there far too much groupthink in too many chatrooms that are bought & paid for by brokers/prop firms whose profits depend on degenerates gambling more, you CAN learn discipline. Study https://t.co/ZB6EtR2mji & stop being a typical sucker
— Timothy Sykes (@timothysykes) September 26, 2023
#2 Profits, Peaks, and Pitfalls: The RNAZ, BPTS, and MOND Lesson
Let’s chat about RNAZ, BPTS, and MOND.
These stocks taught us a vital lesson recently.
When you see impressive spikes, it might be time to cash in.
Staying too long at the party can hurt.
These stocks had notable drops after their highs.
The takeaway?
Ride the wave, enjoy the hype, but always be ready to make a strategic exit.
#3 Have A Plan
Everyday I come in with a list of stocks I’m watching and potential entries. Now, that doesn’t mean I will trade these stocks. But if the right conditions meet, I’ll be prepared.
I can’t tell you how many traders come into the day without a plan.
You’re more likely to overtrade and jump into subpar setups when unprepared.
For example, here’s what I was thinking about AVTX and CYBN earlier this week.
Their uptrends aren’t screaming ‘buy’ to me, but an intraday panic could change the game.
Speaking of games, CYBN’s trajectory post-Stevie Cohen’s investment is fascinating.
Billionaire plays can still yield results, but timing is everything.
#4 Catalyst Plays Are Still Hot
During market sell-offs, most stocks will follow each other.
If you want to find stocks that will buck the trend, you must focus on catalyst plays.
If you want to stay informed, then you really need to invest in a tool like StocksToTrade Breaking News.
For example, yesterday I was able to “make my day” in the ticker symbol DMK following a breaking news announcement.
Source: StocksToTrade Breaking News
#5 Don’t Be Stubborn
In an ugly market, you must stay safe. I often tease short sellers because they ignore price action and rely too much on logic.
The same problem can happen to long-only traders. They might start buying stocks because they are “down too much” but in a market sell-off, you don’t want to be the one trying to catch a falling knife.
Now that doesn’t mean I won’t try to dip buy, I will. I just need to respect my risk management rules and cut losses quickly if I’m wrong.
The market’s giving me some signals lately, and I’d be lying if I said I wasn’t a bit cautious.
Historically, this time of year has seen its fair share of crashes.
Remember I wrote this blog post nearly 2 months ago: https://t.co/qlcF19y1Np Is The Market Setting Up For A Crash? ALL OF THE ISSUES ARE STILL IN PLAY RIGHT NOW…WELCOME TO WHY THE $DIA $SPY $QQQ ARE GETTING SPANKED AND THOSE #HODLing ARE GETTING A VERY EXPENSIVE EDUCATION!
— Timothy Sykes (@timothysykes) September 26, 2023
Whether we’re headed for one, or it’s just traders getting jittery, it’s essential to tread with caution.
If a crash does come our way, I’ll be ready to capitalize on some fantastic dip buys, while others might be panic selling.
Why?
Because I’ve studied, prepared, and always respected the lessons of the past.
Ready to Thrive Amidst Market Volatility? 📉🚀
Even in the world of trading, where uncertainty is the only certainty, the current market’s gyrations can leave the best of us second-guessing.
The plays like RNAZ, BPTS, and MOND are testaments to the rapidly shifting sands.
You’ve seen how stocks that were rallying hard have now been pummeled by fears surrounding prolonged inflation. The landscape has changed, and only the well-prepared will weather the storm.
🔥 Recognizing patterns is only half the battle, adapting to them in real-time is where the war is won.
🔥 Billionaire plays, catalyst moments, and crucial intraday panics are redefining success in this climate.
🔥 In a sea of red, where every tick could be a potential trap, how do you ensure that your strategies don’t just survive but thrive?
🚀 Join our exclusive live training to gain a tactical advantage in these turbulent times.
🚀 Decode the chaos with insights garnered from over two decades of trading experience.
🚀 Witness in-depth analyses of current market behaviors, understanding not just the ‘how’ but the ‘why’.
🚀 Arm yourself with strategies tailored for this specific market climate, ensuring you stay two steps ahead.
Don’t just aim to navigate these choppy waters – conquer them.
Are you ready to turn volatility into victory, leveraging every dip, spike, and sway?
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