On Friday, you saw the decimation of S&P 500 as it tanked close to 60 points. Investors are getting worried with thoughts like…
Should I continue holding my stocks?
Should I sell my stocks?
Is this a market top?
This means there’s fear in the markets and you can expect volatility to pick up — and it’s a good thing for traders like us.
Why?
Because you can capture swings in the market without having to wait for weeks for a trade to play out. And this is the trading setup on S&P I’m looking at right now.
Plus, you’ll discover the truth about stop hunting. If you’ve been getting stopped regularly, chances are, you’re making this mistake — and I’ll teach you how to avoid it.
It’s a content-packed video, so click here to watch it right now:
I hope you’ve enjoyed this week’s market analysis.
If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!
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In the Ultimate Guide to Trend Following, I will teach you this powerful trading strategy step by step, along with charts and examples.
You can download it here for FREE.
Thanks for the great video Rayner. I appreciate your emphasis on how the volatility presents opportunity – that’s an important point to remember.
Have a good day!
Jay
You’re welcome, Jay.
Cheers!
Good one Rayner… SL hunting,.This will surely help me in saving my SLs & taking good entries…
Glad to know it helps, Puneet.
Don’t hesitate to let me know if there’s anything, I’ll be glad to help.
Please traders it is not “stop hunting”. There is A LOT of money sitting there waiting each and every day to pounce. Me and many others are just waiting for an outside day and we all jump on at the same time. This doesn’t mean we are “stop hunting” we are participants just like everyone else. With the speed and information we have today, the timeframe for trading has gotten shorter. That is all that it is. The same things were happening 10, 20, 100 years ago, just on a different timeframe. They didn’t have the same daytrading and speed back then as we do today.
Hi David, yes I do agree with you, stop hunting isn’t the most ideal term. The markets move from areas of liquidity to the next area of liquidity. Above highs and lows are where most orders will be, and traders tend to get stopped out as this is where they place their stops.
Hi Rayner,
I got stopped on two trades in this last massive move in the S&P500. I have to pay more attention to trend lines and to Fibonacci levels area near to my stop loss area.
Btw, in this days I finish my first year since I read your book about trend following and start reading this blog. I have improved a lot, especially in price action, placing stop-loss, using indicators and looking in the big picture. Shortly, I’ve found what suits me then ever before.
I still lost money in this year (sure it’s my fault, not you 🙂 ), but I have seen some successful trades with big move I’ve never before, and less stop out so easily.
Thank you in any languages or maybe the language of heart is enough.
All the best!
Shlomi
Hi Shlomi,
I’m really glad to hear about your progress. Trading is a marathon, not a sprint.
Keep on persisting and I’m sure you’re going to get the breakthrough you’re looking for!