If you're irritated about why things aren't happening in your trading journey…
There are really only two reasons...
You're not doing it correctly You haven't been doing it long enough
That's all…
To fix it?
Find out what to do, do it right, and do it for a long time.
To help you out, Tim Sykes just opened up complimentary access to a very popular member's only webinar I did a few weeks back.
It's a sneak peek into my highest level training (only reserved for my top students).
To see it… click here and watch this powerful training now. Hey. Tim here.
How risky is short selling in 2021? I've got three words for you…
Be. Very. Careful.
Personally, I have almost zero interest in short selling right now.
It's not that I have a problem with short selling as a trading strategy. In fact, for years I was mainly a short seller. It's just that I see too many opportunities on the long side right now.
I like to go with the flow.
But I don't want traders to just copy me. I want them to learn from my trading experience. And I want them to adapt my teachings into their own strategy.
So I won't bully anyone into going long if they want to go short.
But I will try to make sure they understand the risks … Education and preparation are critical.
So if you're still determined to go short after all my warnings, here's your first step: start studying short-selling patterns.
There's one pattern I think every short seller should know... Sponsored Content If you want to get "easy to read" trade alerts from three full-time traders...
Looking at past stock patterns can help you form a theory for a given trade. And studying the past can help you prepare to react instead of trying to anticipate.
Then there's risk/reward. You can only maintain good risk/reward when your wins are bigger than your losses…
And with shorting, those losses can be exponential. So go in fully prepared.
Start with this essential pattern so you know what you're doing.
Study up! Learn the pattern so many short sellers love here.
Stay safe,
— Tim P.S. I recorded a live trading day for my Challenge students a few weeks back… and It was FULL of good info. So I decided to release it to everyone. This is usually reserved for ONLY my top-tier students… so make sure you take advantage of this.Click here to get instant access
Your Wednesday Reads Why It's Crucial to Adapt in the Stock Market The stock market is always changing. Patterns cycle in and out. So do trends with brokers and trading styles. Here's why adaptability is a key trait if you want to be in this game for the long haul... Just released... (free of charge) webinar Tim Sykes just released a (private) webinar recording. He doesn't do this often, so you need to watch this NOW Day Trading Stocks in 2021: What You Need to Know The stock market has changed a lot in the past year or so. If you're new to the day trading, here's what you need to know before you get started. Don't throw money at the market without having a foundation of knowledge!
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Millionaire Media, LLC in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media, LLC accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns. |
Wednesday, March 17, 2021
A go-to pattern for a downtrending market
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