5 KEY Recession Trading Tips

preview_player
Показать описание

What should every trader know about the economy? Today, Tim Bohen breaks down what happens when the stock market pulls back and how you can prepare. Recessions may be inevitable … get Bohen’s five key tips to help you trade on.



✅ Links we mention and recommend:


✅ Recommended playlists:


✅ Follow StocksToTrade on social media:


The first thing you gotta check is your trading patterns. When the market shifts, your patterns can become less effective. Find out how you can look for different ways to approach the market, gain experience with a specific pattern, and test out new strategies.

A recession brings tanking stocks, right? And if they do bounce, they likely tank again. So that can open more opportunities with one particular strategy — short selling. This trading method is TOUGH. Be sure to tune in for Bohen’s tips on how to approach it.

What else can shift in a recession? Sectors. Be prepared to step out of your comfort zone. Your usual sector might not be hot during a recession. Tune in and find out what you need to watch for to trade on.

Research is key throughout your trading career, but it’s even more crucial when the market shifts. Remember, most failure comes from not taking trading seriously. So immerse yourself in your trading research and education. Bohen has plenty of ideas for how you can continue learning.

Last, DON’T panic. Your emotions play a huge role in your trading. It’s wise to keep a level head. Tune in to learn Bohen’s favorite quote and how you can avoid being fearful of a trade.

Educate yourself and remember to use these tips. And next time the market shifts, you won't be caught off guard.


#StocksToTrade #TradingTips #Recession
----------------------------------------------------------------------------------------------------------------
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.

You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
Рекомендации по теме
Комментарии
Автор

Were you trading in the last recession? What stocks did you watch and trade back then? Let us know!

Stockstotrade
Автор

Tim. Can I use StocksToTrade as I am learning to trade and am based in Canada

diannebradford
Автор

Good video you are a black belt in stocks

jimmycampbell
Автор

I bought a stock without knowing it's a stock split. Now I CAN'T sell it. GOD DAMN IT, I am stuck. Is it because of my broker or what?

dajkjk
Автор

Thought his name was Lee Trainor for like a week...

oceanroi
Автор

I lightly traded a little back in 2008-2009. It was a form of swing trading and honestly it was an odd and rocky time of trading as I really didn't know what I was doing. I swing traded a bit back in 2015-2016 and that got a little rocky too.
I took many years off of swing trading due to daytime work hours but I want to learn how to become a profitable and successful day trader, or as much of one as I can become while I have the chance.

ChompskyChompChomp
Автор

Hi Tim, yeah it took me ages to understand how shorting stock could be profitable. Here's an analogy I came up with that made sense of it: You borrow your mate's flash car, and then sell it to someone you suspect can't afford to keep/run that car. After a while you offer to buy it back (cause they can't afford it) for less than what they bought it from you. Once you do buy it back at a discount, you keep that difference, and give the car back to the mate you borrowed it from in the first place.


Saying all that, here in Australia it's very difficult to short and most brokers don't let you do it anyway!

anthonywhitney
Автор

Thanks Tim wish I was trading then still green 6 months. Still working a strategy that works for me. Am studying but not enough but still in the game.

johnhoffman
Автор

Real nice video Tim! thanks for all that good wise advise. I wish I could answer your question but I'm a new trader, well, I wouldn't call myself a trader yet, just trying to study as much as I can and doing paper and small $ trades.

mrgv
Автор

I’m looking into purchasing stt but I mainly trade off of my phone. Would it be wise to purchase once I have a setup a desktop/laptop setting or can it work just as well how I’m doing it now?

unattainablehigh
Автор

Great tips as always Tim, much appreciated. Stay safe everyone, both in the markets and the outside world

SMWCEnjoirider
Автор

you guys talk about study, study and study. Now explain what is the pattern for study. I mean what and where you go step by step

mirzasaoodful