Anthony Speciale Stock Market Analyst

Better Way to

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MORE MONEY, MORE QUICKLY, MORE SAFELY.

Why It’s So Important to Keep a Level Head in a Volatile Market

Keeping a level head in a volatile market is not easy! But the reality is that these periods come along from time to time.

Keeping a level head in a volatile market is not easy! Don’t let anyone tell you otherwise.

But the reality is that these periods come along from time to time. This is when the market shakes out the weak traders.

There’s no shame in going to all cash during times like these. Allow the shakeout to occur, stabilize and then come back in once you feel more comfortable.

Take a Step Back

Forcing yourself to trade during erratic times can be very mentally and emotionally toll-taking.

You don’t want to stress yourself so much that you’re deterred from trading in the future.

It’s okay to take a break, move your money into cash and let it sit for a little bit.

I can tell you first-hand that the reason I trade so conservatively is it keeps me out of the market more than it keeps me in the market.

I only want to be in the market when the opportunity to make money exists.

Realizing that I can’t perfectly time that and only taking those highly qualified trades keep me from overtrading.

Change Your Time Horizon

If the market seems choppy, I encourage you to scale out the timeframe you’re looking at.

If you’re day trading, bump up the timeframe of your entry candles.

If you’re swing trading, instead of focusing on a daily chart, dial it out to a weekly chart in order to see the bigger picture.

I often find myself dialing out my charts when looking for setups.

I’m looking for higher quality setups and less quantity. You’ll find during these challenging times that this is helpful.

Again, the most important thing is not to stress yourself out to the point that you’re disrupting your emotional peace.

Step back, take a breather, review your trade plan and tighten up any loose ends you might have before you consider stepping back into the market to trade.

Stick to the Plan

Also, pick one method and follow it. Oftentimes, I see traders torn between multiple methods and following multiple market experts.

Find the methodology that feels the most comfortable for you, study it, perfect it and employ it.

That consistency is what will set you apart from others in the long run!

Trade the Tunnel

Now, if you are the kind of trader who loves and truly wants to trade during volatile markets like these, well, you need a plan.

And you need a way to find intraday opportunities. For my colleague and expert trader Josh Martinez, this is why he developed his Tunnel Trading strategy.

Utilizing this strategy, Josh has been identifying shorter-term up and down entry and exit levels for profitable trading opportunities along the way as markets eventually move up to their full upper price targets.

To learn first-hand from Josh about how this works and could work for you, click here to register for his special LIVE session today at noon!

Rules to Live By

“Life isn’t about finding yourself. Life is about creating yourself.” George Bernard Shaw

Until next time, I wish you a beautiful and blessed day!

Yours In Trading Success,

Anthony Speciale Jr.

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