 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.
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How to prepare for a significant shift in market sentiment
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