The markets are bruised right now, and as I mentioned last week, I anticipate more uncertainty moving forward.
It’s so important to be patient as a trader. It’s much like hunting. You can get involved all the time if you like, but it’s likely to leave you tired and hungry. Whereas the better hunters/traders pick off the best setups as they arise, happy to play a waiting game until they do.
In today’s video I go through a number of stocks and a simple bearish FlagTrader filter combination. It’s not a feast out there right now, but it is a good time to consolidate your understanding of how markets work, and get ready to take advantage of the next wave of setups when the do come around.
During this time, take the time to master my simple methods because at the very least they will keep you safe. And soon enough the great setups will reveal themselves in the context of a more technical market.