Prepare for Volatility

by | Jan 17, 2023 | Market Lessons

Howdy traders, it’s Bryce here.

Yesterday the markets were closed.

Today we could experience a lot of market volatility.

And I’m going to show you exactly how to capitalize.

I was reading through some comments from my last YouTube video, and one of you left a really good game plan that I’ll build off of.

If you haven’t seen the video, click below … 

I love trading short weeks. There’s always a lot of volatility because of the long weekend.

Let’s get ready for a big week, here’s the strategy … 

Market Strength

Three out of four stocks follow the market.

Last week we saw a sizeable spike after a two-week consolidation.

Here’s a chart of the S&P 500 ETF Trust (NYSE: SPY)

Now, this is very important … 

That momentum could continue, but we’ll likely experience a pullback at some point. And that’s something we have to be prepared for.

I can tell Rory’s been around the block once or twice after his comment from last week … 

Source: YouTube.com

I’m interested to hear how things turned out for them after Friday’s rally.

We saw runners like … 

  • SmileDirectClub, Inc. (NYSE: SDC)
  • Newegg Commerce Inc. (NASDAQ: NEGG)

Rory’s mentality is the mentality we should all have right now.

Just relax people … 

Sit on your hands, and wait for the plays to come to you.

Even if we get some market panic today, there are still profit opportunities for those who are patient and picky.

This is Sykes’ all-time favorite pattern to play … and it works really well during panics/sell-offs.

Another pattern to be aware of … on Wednesday I’m attending a live trade tutorial.

Sykes’ student Mark Croock (he’s a legendary trading vet) has a new strategy that yields +100% in less than 24 hours.

Here’s the best part, I don’t need +100% profits.

No matter how risky his strategy is, I can always cut that risk in half and walk away with 50%. There’s no need to swing for the fences.

I reserved a seat with this link.

Hurry up! There’s a chance attendance is full by the time you read this.

See you there.

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