OMG, The Stock Market is Crashing

The Entry Points

My partner and I are trying to show that a small account should not be an obstacle to trading well. I’ve geared my trading to the small account mindset. And trying to keep daytrading to a minimum.

For 8 years, we’ve been subjected to the constant “massively overvalued stock market”, the “stock market bubble”, the “stock market crash”. For years, I have been totally disagreeing with that crap, and continue to do so. But every great bull market, like this one, has big/huge selloffs. And I am “hoping” we’ll have one, because this market is in desperate need of a reset. It’s messy, disorganized, and a selloff will create a boatload of opportunities for the next several years. The stock market, especially recently the QQQ, has been giving off warning signs since March. Let’s give it some breathing room. The upcoming big move in stocks, and gold, will come courtesy of the bear market in bonds which is headed our way again. The normal knee jerk down in other markets will occur when bonds start their break, but they will be buying opportunities. In the meantime, trading as always. There will be a separate video posted soon with a full recap of my gold ETF trading for June – details and confirms. The trades talked about in the video are below with the video:

 

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About traderscott 1146 Articles
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.

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