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5 KEY Recession Trading Tips
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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.
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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
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*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.
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