Apr 13, 2021 Good morning, Traders! Josh Martinez here with your early morning update!
With the main indexes constantly hitting new highs, a significant pullback is probably the last thing on your mind right now.
But I'm here to tell you that we should always be on the lookout for signs of a price shift no matter how confident we are in the current trend.
That's what's so great about using various timeframes to examine a market. We can see a pattern developing that signifies a new trend is on its way. Remember, the market trades in waves!
So while we see higher highs and higher lows, keep in mind that the other side of the wave is sure to come. But you can only spot these changes when you use my strategy. It's designed for these very scenarios. And the great thing is that it's not complicated to use! If you're ready to try it out, be sure to follow along and see how it's done.
Mindset Advantage: Own It It's not the market. It's not your indicator. It's you. Own it. 'Oh that one was a mistake'…. and then there's 'I had the settings on my indicator wrong'... or our personal favorite: 'I was trying an experiment'... Like a 7th grade English teacher, after a while you hear them all. The number one thing we look for when working with a new trader? Accountability. Own where you're at with your trading. Embrace the failures and the setbacks. Stare them in the face with an unflinching honesty. Only then will you conquer and advance to consistent profitability.
There is a very high degree of risk involved in trading.
NOFT Traders | 20 North Orange Avenue, Unit 1100 Orlando, Florida 32801 THIS MATERIAL IS OFFERED FOR EDUCATIONAL AND GENERAL INFORMATIONAL PURPOSES ONLY. NO INVESTMENT ADVICE OFFERED. This is an advertisement for online information courses, workshops, classes and other educational programs relating to finance and investing. It is not an advertisement for investment advice. Pursuant to FTC regulations and federal law, Traders Agency, LLC intends for the information in this advertisement to be truthful and not misleading. Accordingly, any and all readers of this advertisement (this means you) are fully informed that none of the information, material, or courses that Traders Agency, LLC offers constitute investment advice as defined by the SEC and by federal law. These materials do not take into account a subscriber's (this means your) particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation (this means to you) for the purchase or sale of any security or investment strategy. Under SEC regulations and federal law, the purchase, sale, or advice regarding any security, other financial instrument or system can only be performed by a registered/licensed industry representative such as, but not limited to, a registered investment advisor. It is very important to do your own analysis before making any investment based on your own personal circumstances. Investing involves substantial risk and results are not guaranteed. Neither Traders Agency, LLC nor its principals or affiliates are registered investment, legal, or tax advisors or broker/dealers. Traders Agency, LLC is not registered with the SEC or licensed as an investment adviser. We do not offer investment or financial advice. Individual subscribers (this means you) are solely responsible for confirming the accuracy and appropriateness of the provided information for their own uses with their personal tax, finance, or legal advisor. INVESTING INVOLVES RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. RESULTS ARE NOT GUARANTEED.
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Tuesday, April 13, 2021
How to prepare for a significant shift in market sentiment
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