I mentioned yesterday, I reduced my Long Market Exposure on Monday. (the gap up was a GIFT). The SPX is now in a 2 day downtrend. This is where many traders make big mistakes, as they feel they need to trade short. Last year we had 11 uptrends, and this year we had a 40 day uptrend. You do NOT need to trade short, but DO need to preserve you capital and HUGE ytd gains. Be patient, and let things set up again long.
Then nasdaq closed in NOTREND. Now the hardest trade in the world comes into play…………called THE PATIENCE TRADE.
The whole way up, I said dont pick tops. Now am saying, dont pick the bottom. Wait for things to setup again long, and preserve your HUGE ytd gains.
Fitzstock Charts now has over 1,000 different stock options that have DOUBLED from our suggested entries, while some options have returned over 600%
We are educating traders around the world with our Rules of Engagement (ROE) based on market trend. If you are under performing the stock market with your trades and investments, it is never too late to upgrade.
What does Fitzstock Charts include?
-Daily email updates include our Focus List with calculated entries and defined risk
-Stock chart technical analysis searching for relative strength and weakness
-Weekly video analysis covering our Focus List and the current market conditions
-Educational videos and posts using our trading methodology (ROE)
-Access to private Twitter (@fitzstockcharts) where I post real time updates and trades
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Learn stock trading and how to day trade stocks with Fitzstock Charts. We scan for historical chart pattern comparisons with trading rules of engagements. The #1 Stock trading consultant in the business, teaching you how to get started trading. Learn how to read stock charts with our key essentials to trading success. We find the best stock charts and implement stock options trading strategies with stock chart technical analysis. If you want learn more stock chart analysis, check out my daily blog updates.
We are constantly scanning for the best stocks to buy, best stock to trade, and tell you how to trade stock options.
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Fitzstock Charts, LLC
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