TRADE TO CLOSE

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Trade To Close

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This Is the Market Day Traders Wait For

The market is selling off hard, and everyone is staring at it like a car wreck. Big drops, violent reversals, a tape that rips in the morning and falls apart by lunch. If you are holding stocks right now, it is ugly. You are watching green turn red and red turn worse, and every night you go to bed not knowing what you wake up to. That is the part that wears people down. Not the loss. The waiting. I am not doing any of that. Because this, right here, is the market I wait for. Here is the thing nobody tells you. The same swings that terrify the people holding bags are the exact swings a day trader lives on. When the market is this violent, it is handing you big moves every single day. You do not need it to go up. You do not need it to

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Stop Buying Stocks Because They’re Cheap

Takeoff is the part that gets me. Not turbulence. I have serious flight anxiety, but not the part you'd think. I'm fine once we're in the air. I love landing. It's takeoff — the moment we commit and leave the ground — that's what I white-knuckle through. I flew overnight to France last week, and yesterday I was trackside at the Monaco Grand Prix with a glass of champagne at rooftop party, watching cars commit to corners most people would brake into. Somewhere between the flight over and that race, it hit me that this is exactly how most people trade. They're not afraid of being in the trade. They're afraid of getting in. So they wait for a stock to feel safe, and "safe" usually means they wait for it to fall. Here's what I see constantly, and I want to talk you out of it. We're in bullish

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While most traders were looking at this today…

While most traders were looking at this today… Here was my view… I’m in Beaulieu-sur-Mer. This little stretch between Nice and Monaco, Beaulieu and Cap Ferrat, is what they call the Golden Triangle, the priciest real estate in France outside of Paris. Napoleon supposedly took one look at it and said "what a beautiful place." Belle Époque villas, centuries-old palms, a helicopter every few minutes carrying someone I will never meet. I felt right at home. It reminds me of Palm Beach, but with French accents. And oh yeah, not as many crypto bros here. Bitcoin what happened to you today? It’s going to be a long weekend for the crypto peeps. If you know any of them, please do a wellness check on them. But what about the market? You trade this channel until it stops. Right now we have our first time we will close out of it.

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