We always talk about the best methods to use when investors want to find the prime time to enter a trade… but do you have the skills to know when to stay out of one?
Oftentimes, the fear of missing out (FOMO) — a lack of discipline and becoming too emotional over a trade — can lead to people blowing up their account.
Another common issue among new traders is they don’t have a set of trading rules, or core beliefs to live by and fall back on when the stock market turns against them.
So when we take a look at the Nasdaq’s daily chart — using one of our most reliable core beliefs — we had a feeling we might be able to stack the odds in our favor.
But do you have the discipline to trade the Nasdaq this week?
Find out in the video below.