www.daytradingpsychology.com
First, is this really news?
If you were trading stocks like Roblox (RBLX) or NIO (NIO) or Palantir (PLTR) in 2021, your Bear market started 7 months ago. Tech darlings with little or no earnings were the first soldiers to fall... and they fell hard.
Second, if you are an active trader, does market direction really matter? Isn't our job simply to find ways to take advantage of whatever the market presents and adapt to its changing moods?
True... yet each Bear Market has a different volatililty signature, and this can matter even for day traders. This chart shows the VIX (aka the "Fear Index") over the last four Bear markets.
The VIX measures the implied volatility of SPX options over the next 30 days. The higher the reading, the greater the fear. A spike above the red zone on this chart means panic.
During the Dot Com crash, the VIX spiked into the 40's. At the time, I had just been hired as the head trader for a large financial newsletter and frankly, I was worried.
I knew a tsunami was coming, but I didn't know exactly what to expect. No one did. It was the first Bear market in history for a new generation of internet-based traders, including me.
Denne historien er fra July/August/September 2022-utgaven av TradersWorld.
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Denne historien er fra July/August/September 2022-utgaven av TradersWorld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Review of Trading Market Dynamics Using Technical Analysis by Constance M. Brown, CFTE, MFTA
The author, Constance Brown is a well-known experienced trader and technical analyst. She has written several articles for Traders World. She has written a top notch book which you can learn and understand technical analysis from.
WealthCharts Continues to Evolve With New Features and the Champion Trend Pack Indicators
In the April/May/June 2021 edition of TradersWorld magazine, I took my first look at one of the newer trading platforms to come on the market, WealthCharts, and I was impressed by the number of cutting-edge features it contained for active traders and investors.
THE YEAR OF 144, W.D.GANNS BIRTHDAY
Very few people are really doing anything like what Gann was studying, they aren't going back far enough, daily trading isn't what Gann was doing, yet every person in the world is claiming this is Gann's secret, especially all the 24 year olds from India, called 3 books astrologers. Gann was a long term researcher.
Maintaining Emotional Control When the Money is Real
People (including traders) like to believe that they are rational beings who have to deal with emotions.
Quantitative Approach
Being aware of one's surroundings is consciousness. This is what we believe our formula conveys. It presents market movement in the future ahead of market moving events. This also happens as markets approach Fibonacci numbers. We recognize this as a prequel to Fibonacci numbers overall.
Time will tell
The year 2022 was forecasted to take a turn for the better as we have forecasted already in May 2021, based on the Long term Time patterns we have calculated for the future and beyond.
What I Learned Trading Through Four Bear Markets
On Tuesday June 14, CNBC declared the Pandemic Bull dead and announced that a new Bear market has begun. Two questions came to mind.
The Human Factors of Trading and How To Control Them
Let me start by introducing myself. I am a full-time trader, trainer, and software developer in the futures markets.
How to Use Smart Momentum Like a Pro
In our last article of Trader's World (Issue 84), we covered ten key concepts using Momentum for trading. We also covered various definitions of trading Momentum and various general applications.
How Market Timing Gives You The Critical Edge
The Market Timing Report
