I want to tell you a story. A stock trading story (my favorite).
Let’s go back in time…
In the fall of 2020, the market had been in a bull market uptrend for at least three or four months, and a general bull market for years (basically ever since Donald Trump was elected).
It was the longest bull market we’ve seen in history.
It was like a fairytale.
And the market was still in this bull market, but…
It was having little corrections.
And one of those corrections started around September 3, 2020.
Now, during a correction, you don’t really want to be jumping into an up-play. So it’s super important to know when these corrections are happening so you don’t hurt your trades.
And how do you know if you’re about to go into a correction?
By watching the world events and the economic events of the day, and thinking carefully about what those events might be causing to happen in the stock market.
Because news actually drives the markets. So you want to get in sync with that news and what the whole market is doing. And you want to keep that in mind when you do your play with your individual stocks.
We call this market tone.
In this week’s episode I’ll cover…
- Why it takes years of trading to master market tone (and how you can get around that)
- What you need to know about fake news and wall street
- How you can pay off your debt with wall street’s money (I’ll show you how)
P.S. Still mastering market tone? Lean on us as you take the time to learn this all-important skill.
(One way you can be in-the-know everytime the market goes into a correction is through signing up for Market Alerts, which are included in TraderPRO.)
Those of us who have done this for many years will tell you exactly what we think the world events and the economic events of the day may be doing to the stock market.
Are you in the know?
Learn More About TraderPRO at tradeway.com/memberships!
