You have to learn how to cut your losses short. You can't make $500, and then lose $700. You will not succeed in your trading goals with something like that. Learn how to take small losses. Protect your capital.

Use Promo code "CD25" to get 25% off Trendspider

or hit the link below.

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Check out my Execution course on SepiaGroup.

https://sepiagroup.com/product/the-strat-execution-basics-course/

We have a new quarter. We have a reversal back up on the Markets. You have to be able to identify the trends that are happening now, and then learn how to profit from them. This episode will help you get started.

Going over the sectors in TrendSpider Use Promo code "CD25" to get 25% off Trendspider

or hit the link below.

https://trendspider.com?_go=stratsoldier

The Strat: Execution Basics Course

https://sepiagroup.com/product/the-strat-execution-basics-course/

Post FOMO is a term I made up for people that always talk about how much money they left on the table. Who cares, move forward. The three people that never make any money are named, Shoulda, Coulda, Woulda. We also talk about CPI, and the range we are stuck trading in. 

https://sepiagroup.com/strat-videos/the-weekend-shift-videos/ 

When things occur matters. Some people get frustrated when the signals go In Force without them. We know what could happen by price, actionable signals, and the broadening formation, but we don't know when. Preferably we want the reversal to happen at the beginning of the week. Sometimes that doesn't happen. I like to use Stop market buy orders to get in when I'm not staring at the charts. 

Who is responsible for your trades? Short answer, you are. You have to know what is going on in the Market, and you have to have an out. You have to know how you are going to get out of your position. Preferably, with profit. We talk about jobless calms, and other market news. 

Trailer 

Talking about the Fed report, what I call the FOMO report. Also talking about the 2-2 reversal up on the quarter in S&P 500. We now have evidence that buyers are actually here. Plan your trades, and execute. 

No mater what the news says you have to be able to look at a chart and see what the price actually trading at. Price is what is actually happening now. Are you in a winning or losing position? I want you to know. 

This is first week of the new year. You don't have to be the first one in, but you do have to have a system you can be consistent with. You have to be able to execute without hesitation. You can do it. I know you can. We create winning positions, add to them, and defend them with tight stop. 

StratSoldier, LLC 

The only podcast with the StratSoldier looking at the Markets through the eyes of the Strat. 

It can't go down forever. No one is excited about this trading year. What is going to be the thing that stops the selling? The Fed keep raising interest rates, and the war in Ukraine still rages on. These were the two things that really messed up 2022. At best it will trade sideways all year, but even that is hopeful wishing. We don't trade on hope.