It’s not easy being a market participant, whether you’re an amateur or a professional. Trading takes patience, discipline, being able to be wrong, and most importantly, resilience! If you’re struggling in this market, you are not alone!
The most important part of this game is being able to exit your position and to be able to do that consistently, you need to know when you’re wrong. When you understand where you are wrong and why you should exit, it just makes it easier to execute your plan.
Now, why is that so important? Because the next great trade is usually just a day or two away. My new trading service Bullseye Unlimited has great trading Ideas day after day. I’m bearish about the market and think that it’s going lower, and there are just so many great Ideas out there.
Here’s a couple from the last few weeks:
I thought the market was going lower. And even though TSLA was bouncing I thought it would run some stops below $200. Well, TSLA cut prices in China and tanked and got into the $198’s, below $200.
I was bearish on the market. Rather than bet against a certain stock I chose the entire tech Index represented by QQQ. The capitulation I was expecting happened on the release of the CPI number.
Now, not all my trade Ideas work this well. I have hits and misses, but right now I’ve had some great Ideas to the downside and I think there’ll be many more to come in the coming month.
If you’re not ready to go UNLIMITED, start out with Bullseye Trades.
Here you’ll get one good, really well-thought-out idea every week.
Just making a couple of really good trade ideas can be much better than overtrading on sub-par setups. For less than $10 a week, you can get the best trade idea on a Monday from a 20 year market vet. Whether you’re just learning or a pro, 1 more great idea a week can only help you get better.
Bullseye trades has over 9000 active members, and I’m really proud of the community we have. Here’s what they have to say:
Sign up to Bullseye trades now. My next trade idea is coming on Monday. If you want more Bullseye more often, get in Bullseye Unlimited, and I’ll have ideas for you tomorrow of how I’m looking to attack the market and what’s shaping up!
