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Hey. Tim here.
2020 seemed easy for many new traders. But 2021 is a different year...
All the 'easy' success gave too many newbies the wrong idea.
They think they've got the stock market figured out...
"If I'm winning, I must be doing something right."
Too often they're getting lucky using a "see what sticks" strategy.
In this market insanity, you can almost get away with it. But it's dangerous. It teaches all the wrong lessons.
To stay successful in 2021, you'll need to do something less … random.
And THAT requires two things...
First, you need to understand what's working in any given market. That means knowing history and recognizing patterns in real time.
No more random trades. No more random patterns.
The second requirement is what today's post is about.
It's also the final installment of my "What to Watch in 2021" series.
Parts 1, 2, and 3 parts were the foundation. Part 4 can help you stay in the game in 2021 and beyond. It's the way to find your edge.
I've seen veteran traders get stubborn about this and blow up.
Don't be that trader.
Remember, knowledge is power, but only if you do this... Sponsored Content If you want to get "easy to read" trade alerts from three full-time traders...
Your Thursday Reads 4 Things to Watch in 2021 — Part 3 The hard part about trading is knowing which of the multiple moving targets to focus on. For example, which of the seven indicators is most important on any given trade? Part 3 in this series explains my top tip to refine your process… If you're looking for more confidence to place your next trade – or even your first trade, consider this. [Sponsored] 5 Key Rules From 20 Years of Trading Stocks Hot markets come and go, and you'll always have to adapt. But there are key rules that never change no matter the market. Read this post to learn five key rules I learned from 20 years in this niche.
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Thursday, January 14, 2021
4 Things to Watch in 2021: Part 4
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