It’s so easy to get caught up in the latest trading fad and follow what the majority’s doing…
But is that the correct move right now? Almost never…
With it being Thanksgiving week, it’s a great time to look back at a piece I filmed in 2020 in regard to following the crowd, particularly the CNBC crowd — what I often refer to as the “Cartoon Network.”
I don’t have anything against guys like Jim Cramer, but it’s a running gag online that you can do the opposite of what he says and make a killing. There’s even a Twitter account called Inverse Cramer ETF that has 150,000 followers.
When your job is getting paid to talk, talk, talk about stocks all day long on TV, you’re bound to get a lot of things wrong. It comes with the territory…
But following what they say often hurts a lot of people, and it drives me crazy. So today, I’d like to go over the sorts of things real pro traders look at and watch out for.
Originally posted on Aug. 22, 2020:
I’ve heard a lot of the talking heads on CNBC suggest it’s time for us to get out of the dollar and start buying Europe. This is faulty thinking and it’s polluting our minds. Let me explain why…
Join me below as I discuss trend-following patterns for both bullish and bearish stocks, and a warning against getting sucked into value traps at this point in the cycle. I’ll also do a technical trading tutorial on why it’s always in our best interest to do our own thinking.
P.S. This Trend has Been True Since the Great Depression
Trading has been harder than ever this year for most traders… You know this!
But what if you were able to take advantage of ONE market trend that’s been proven time and time again?
One that’s never failed to unfold… Even during…
- The Great Depression.
- World War II.
- 1970s hyperinflation.
- 1987 Black Monday.
- 2000s dot-com crash.
- The Great Recession.
- 2020 COVID-19 Crash.
- This year’s bear market.
We’re talking about one trend that a very unlikely trader stumbled upon around 560 days ago…
And once she shared this trend with Senior Strategist Roger Scott, he was SHOCKED! He couldn’t believe he’d never seen this trend in all 28 years of his trading…
So he insisted she reveal it to all our readers LIVE at 1 p.m. ET on Wednesday, Nov. 23!
Once you discover this one trend… You’ll NEVER look at the markets or your trading the same way again!
Uncover the Details Here!
Did you know that