loader image

6 Trading Tips to Follow This Holiday Season

by | Dec 23, 2021 | Stocks

The year 2021 is almost over… And honestly, I have no idea where it went. 

So much has happened around the world, including things like COVID-19, a new president, new Federal Reserve policies, social issues… and that’s not even touching inflation or the stock market. 

So I thought I’d take this time to give you six trading tips for the holidays…

They include a variety of important lessons I’ve learned over the years… lessons that should help you become a better trader and help you understand the markets in a way where you can begin to form your own opinions and trading decisions. 

6 Trading Tips for This Holiday Season

The first trading tip for the holiday season is to not fade strong stocks. 

What I mean by that is you never want to go against the main trend. 

Now, if you don’t know which direction a stock is moving, sit five feet away from the chart and try to figure out the overall direction of the stock. 

If you can’t figure that out, then chances are the stock is more likely moving sideways and choppy. In that case, don’t trade that stock. 

Traders should always stick to the main trend. 

This one rule will make all the difference in your portfolio. 

And the best part is that 52-week highs and lows, and six-month highs and lows all make great long-term trend indicators — and they’re available online for free!

But that’s just the first trading tip for the holidays on my list…

Check out the short video below to get the next five steps to follow this holiday season, and learn all of the things traders and investors should do or simply avoid. 

Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to! 

WRITTEN BY<br>Roger Scott

Roger Scott

What to read next

99 Problems and a “Pivot” is One

99 Problems and a “Pivot” is One

A friend of mine sent me this chart about three months ago. I should probably print it and keep it in my wallet next to a photo of my daughter. Given the sheer number of questions I’ve fielded lately, I’ll probably end up showing this chart more than her picture.

read more
Everything Everywhere, Going Down, All At Once

Everything Everywhere, Going Down, All At Once

When our momentum reading went negative last week, I didn’t know that we’d have the second largest bank failure in U.S. history three days later. All I knew was that it went negative… and that we got out of the way.

read more
Trust But Verify…

Trust But Verify…

I want to talk about our version of “Trust but Verify” in the markets. Qualification is the most important part of the investing process. And this F score value strategy looks to be crushing the current market.

read more

Have any questions? Contact Our Customer Service Team