April 28, 2022: Key takeaways from the private tactical class I just attended with professional trader powerhouses…
Earlier this week, I along with Tom Busby, Andrew Bustamante, Roger Scott, and several students met for a high-level private stock market summit.
To say that what was delivered was stellar is an understatement.
Here are a few powerful takeaways.
- Professional traders are collectively saying that the past six months have been the toughest markets they've experienced in 40 years.
- Roger implored us to be careful of what you think in your mind to be true. Instead apply a trusted proven method then pick the lowest hanging fruit — especially in volatile markets. Consider the short term, midterm, and long-term market perspectives through this lens.
- Tom, seasoned with the entire 40 years, revealed he modified his approach in 2022 which pointed him to April's volatility in the first three days. He expects this approach will reveal May's direction early on. Apply prudence and continue to trade partial positions as opposed to loading the boat.
- Former CIA officer Andrew Bustamante spring-boarded off of Roger and captivated his audience with…
The anatomy of a decision (Think: pulling the trigger on a trade, or choosing to step aside … How the brain works).
And this one about the brain:
Fear is a liar
We all struggle with fear in life and in the market.
To say otherwise is to lie to ourselves. Speak truth to yourself — That's a good decision. We always taught our kids that, and I'm sticking to it.
Dealing with fear systematically with right decisions is a smart approach. Not dealing with it is, well, I'll let you fill in the blank _____________.
Former futures and futures options trader in the Treasury pits, Alan Knuckman…
makes decisions and attacks fearful markets with his strategies.
I've learned that bond Traders are some of the smartest traders in the entire market.
The real life experiences they earned on the floor give them an edge, if they're savvy enough to learn.
It sets them apart in their ability to navigate with consistency all sorts of markets… Especially fearful ones.
Alan is sharing what he's learned and how to apply it right here.
Roger, Tom, and Andy unequivocally agree: School is always in for the pro…
Therefore, I conclude it is always in for retail traders as well.
Get schooled now on:
- Navigating fear,
- Using fear,
- and Benefiting from fear
Right here at 8 PM ET tonight with Alan Knuckman.
Join me and our professionals in the front row and learn and refine your edge.
Sincerely,
Celeste Lindman
Ask The Pros
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