Now that we’re into September… There’s 1 thing every trader should focus on… Discipline. Why? You’ve probably noticed that this week has been slower, right? Not as many plays… Lower trading volume…
A lot of people think they need a ton of money in the stock market to make any meaningful profit. This is false. It’s a lie that benefits Wall Street. If there’s no chance for small-account traders to profit, their only other option is to give their money to investment banks, to try and leech off the smart money.
After-hours continues to be the best time for me to trade. Last Friday, I bought Future FinTech Group Inc. (FTFT) when it was in the $1.20s… This is the kind of trade that can really move the needle… It was moving so fast that by the time I got in, I was chasing a little.
I’ve recently made a BIG change in my trading… It just goes to show that even after 25 years of trading, it’s good to keep an open mind. I spent years learning everything possible about trading and the stock market. From company fundamentals and sifting through SEC filings, to complex technical indicators.
Surprise, surprise, my favorite patterns are working morning, noon and night. It would be easy to think every big spiker is worth a trade, right? The question is… Are you prepared to capitalize? And what about all this end-of-summer choppiness?
Founder of Weekend Trader
Research Analyst
Sr. Research Analyst for TRADEMONSTER.ai Alerts & Market Rebel [...]
Founder of TRADEMONSTER.ai
Chief Investment Strategist of Money & Markets
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