All Entries Tagged With: "Downtrend"
Contrarian View
Just for fun, let’s look at both sides of this market, pretending there are actual bulls out there.
What if it Gets Worse?
Commit to greatness, as only then can you come up with an adjustable game plan going forward. You’ll need it – especially if it gets worse.
Taking It to the Bank(s)
Are the banks no longer important, or is this a signal waiting to be recognized?
Trade Review: BIDU Breakdown
One setup I recently had success with was found in BIDU. Although the money’s been made on this trade, there are still some lessons we can take away, so let’s take a closer look at the trade as it evolved and see what we can learn from it.
Be Patient Buying Dips
Novice traders are equipped with very little useful information, as even your grandmother knows to “buy low and sell high.” With the recent correction, many stocks now are starting to appear ‘low’ on the scale, and that’s enticing – but dangerous – to those who have been waiting for a shot at getting in.
Freedom in Cash
Having cash on hand as a trader offers tremendous freedom, there is no doubt about it. For quite some time now (many weeks), I’ve been in cash on an overnight basis while this market corrects. I’m thankful that has been the case, allowing me to enjoy that freedom of picking
