Good evening, Traders!
With everything winding down for the weekend, now is the perfect time to focus on revamping your trading strategy for the coming week. All indicators are pointing to a solid economic recovery now, even though we got some mixed reactions in the market this week. Overall, things are looking up! And that means we need to prepare for coming market shifts over the next few weeks.
What industries will benefit the most from the recovery? Will the recent surge in tech hold steady? And there are plenty of other questions we need to to answer. As usual, I have my eye on some potential money-making trades. There are some serious opportunities developing in the market as we speak.
Keep moving forward! Josh Martinez
Traders have to learn several terminologies if they want to thrive when trading stocks, and one of these terms is "U-turn." The signal that reflects a 180-degree change in the sentiment of the market, signaling us to buy, is called a U-turn when analyzing a timeframe chart. It's important to follow U-turns, but sometimes the market can throw us curveballs with false U-turns. But if we have the right strategy, we can see these U-turns coming and adjust our trading plan. Mindset Wisdom Embrace Pressure
Most professional athletes will tell you there's good pressure and bad pressure, depending on how you react to a stressful situation. Bad pressure causes you to freeze and panic. Everything speeds up or slows down. This is when bad decisions get made. Good pressure? It brings focus, clarity and a keen awareness of the opportunity and hazards that surround you. If you love what you do, trade because it brings you freedom, and see the opportunity it can bring to your life. Embrace pressure and react accordingly!
If you'd liked to talk with one of our Reps, feel free to call us at 888-483-5161
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Not all U-turns can be trusted...
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