It has now been 15 months since Donald Trump became president. We knew better yet, contrary to what most “experts” believed, as soon as he took office, the stock market exploded. The upward movement was, without debate, record setting. Every American with a 401K applauded and everyone was happy! Or were they? Professional Stock traders like us have a bit of a different view. With an extremely fast one sided move higher, it was still difficult for investors to have made significant amounts of money. Why? Most traders tend to do better in volatile choppy markets, with swings up and down, just like the one we are in now. So, If you feel like the road to becoming a successful trader is like a roller coaster ride of ups and downs you're not alone.
If you have been following the market as of late (we are referencing to the Dow Industrials for an understandable point of reference) you will have noticed that volatility has been re-introduced into the market. The current swings are considered by some to be “big” although you should consider that the Dow in much higher than it was just 12- 18 months ago and "percentage wise" these swings are not as big as they may appear. Any great trader will tell you, these big swings up and down are your greatest friend and not your enemy.
We say this realizing though that if you manage to be on the wrong side of one of these big down swings, it could be a bad situation for you monetarily. This is where being a student of the stock market is extremely important. You must get into the movement of the market much like a hitter in baseball. A great hitter studies the pitcher he is facing. Not just when he’s up, but with every batter that steps to the plate. A great hitter starts to time the pitcher, he starts to feel the rhythm of the pitcher. He notices the pitch selection. He notices what the pitcher usually does on a 3-2 count. He notices if the pitcher is throwing first pitch for strikes or testing the batters with balls on the first pitch. The best hitters in baseball history are those who not only hold the all-time hitting records, but changed the game as we know it. They are uncoincidentially among the greatest baseball players of all time.
Not just being in the market but understanding it are parallel. By continually keeping your pulse on the market you begin to identify the ebb and flow and eventually making money through trading becomes easier and more predictable. When that happens and you have swings like we are seeing NOW in the current market, you can make large amounts of money. Your job is to see the market as a great hitter does! Don’t only look at your trades. Do some paper trading. Look at various sectors to see how they are acting in different market conditions. Look at other types of sector securities and see what they are doing. What is gold doing while the market is having a down trend? What are the bonds yields telling you by what they are doing?
If you truly become a student of the market, the opportunities for you to make money will jump right out at you. If you don’t, trading will remain like gambling. Gambling is not a long-term wealth strategy. Remember you don’t just want to make great trades, your main goal is to become a great trader.
Being a great trader is about developing certain mental qualities. It is the process of constantly pushing yourself to grow stronger and better. A profitable trader is not necessarily a good trader. Likewise, a good trader is also not necessarily a profitable one, yet a good trader ultimately finds himself with a much higher probability of being profitable and finding success in the long run.
In conclusion - we are still in a bull market! Just more choppy and much better for traders. So if you want to learn how to become a 300 hitter with stock trading and not someone who just wants to hit 300 once? Start with our FREE newsletter and we will provide you with our perspective, inspiration, and appreciation for our game which is the stock market.
We are more than happy to provide you with tips on how to be a better hitter when stock trading when your up at the plate. Learn the trade. Be the change! Sign up here for our free newsletter today!
If you have been following the market as of late (we are referencing to the Dow Industrials for an understandable point of reference) you will have noticed that volatility has been re-introduced into the market. The current swings are considered by some to be “big” although you should consider that the Dow in much higher than it was just 12- 18 months ago and "percentage wise" these swings are not as big as they may appear. Any great trader will tell you, these big swings up and down are your greatest friend and not your enemy.
We say this realizing though that if you manage to be on the wrong side of one of these big down swings, it could be a bad situation for you monetarily. This is where being a student of the stock market is extremely important. You must get into the movement of the market much like a hitter in baseball. A great hitter studies the pitcher he is facing. Not just when he’s up, but with every batter that steps to the plate. A great hitter starts to time the pitcher, he starts to feel the rhythm of the pitcher. He notices the pitch selection. He notices what the pitcher usually does on a 3-2 count. He notices if the pitcher is throwing first pitch for strikes or testing the batters with balls on the first pitch. The best hitters in baseball history are those who not only hold the all-time hitting records, but changed the game as we know it. They are uncoincidentially among the greatest baseball players of all time.Not just being in the market but understanding it are parallel. By continually keeping your pulse on the market you begin to identify the ebb and flow and eventually making money through trading becomes easier and more predictable. When that happens and you have swings like we are seeing NOW in the current market, you can make large amounts of money. Your job is to see the market as a great hitter does! Don’t only look at your trades. Do some paper trading. Look at various sectors to see how they are acting in different market conditions. Look at other types of sector securities and see what they are doing. What is gold doing while the market is having a down trend? What are the bonds yields telling you by what they are doing?
If you truly become a student of the market, the opportunities for you to make money will jump right out at you. If you don’t, trading will remain like gambling. Gambling is not a long-term wealth strategy. Remember you don’t just want to make great trades, your main goal is to become a great trader.
Being a great trader is about developing certain mental qualities. It is the process of constantly pushing yourself to grow stronger and better. A profitable trader is not necessarily a good trader. Likewise, a good trader is also not necessarily a profitable one, yet a good trader ultimately finds himself with a much higher probability of being profitable and finding success in the long run.
In conclusion - we are still in a bull market! Just more choppy and much better for traders. So if you want to learn how to become a 300 hitter with stock trading and not someone who just wants to hit 300 once? Start with our FREE newsletter and we will provide you with our perspective, inspiration, and appreciation for our game which is the stock market.
We are more than happy to provide you with tips on how to be a better hitter when stock trading when your up at the plate. Learn the trade. Be the change! Sign up here for our free newsletter today!
