11-May

The worse it gets – the better the promise

Hello SpikeTraders,Just like a pretty crazy top in December 2021 created excellent shorting opportunities, the current crazy bottom being traced will create excellent buying opportunities. The challenge is to approach this bottom with cash in hand and a stable mental attitude. Both require an ability to cash out and/or take losses as soon as prices begin to slide. If you haven’t done it this year, chalk it up to experience and use it as an unforgettable lesson for the rest of your trading life. Extract this value from the current nastiness. “The first loss is the best loss.” Let’s take a look at our charts…

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