TJ 187: Catching a Falling Knife
October 31, 2016
Bullish markets can feel easier to trade than bearish ones; even if you enter a stock mid-run, you can still turn a profit. That’s not quite the case with bearish markets, as entering before the bottom of downward run can potentially be quite costly if not timed correctly. It’s almost like trying to catch a knife…
Market Recap—4:09
Uncertainty—9:41
OPEC—14:33
Energy Risk—20:06
Natural Gas—25:05
Introducing Gino—31:08
Catching Falling Knives—33:58
Warren Buffett—35:21
Bottom Fishing—40:30
Stocks that didn’t recover—46:01
Krispy Kreme—49:32
Stock on sale—52:20
Cut losses early—56:10
Setting up stops—1:00:08
Cam penny stocks—1:11:29
Phil resetting trades—1:15:57
Clownshoes—1:24:22
December’s book is Trading in the Zone by Mark Douglas. You can find it on Amazon right here, or check your local library.
We’ll be doing a live audience podcast on December 1 at 7 PM ET to discuss the book. You’ll be able to join us right here: Podcast Room
For your free 15 day Tackle Trading Pro trial membership, follow this link (https://tackletrading.com/join-pro/) and fill out the form with the coupon code being: theta
