How COVID Has Changed Investing, PART II

How COVID Has Changed Investing, PART II

Below is a Jade Bronco diagram I like to use regularly. It is based on real numbers and shows a historical timeline of the market, demonstrating the direction of the market from early in the last century to today. Just imagine how much your portfolio would have grown over just the past few decades, even during the market’s “consolidation” periods.   

DOW Market 20 Year Cycle

As I speak with friends, family and potential students about what we do as a coaching company, I see that many people like to compare trading in the market to going to Las Vegas and putting all your money on red at the closest craps table. And the one thing that everyone admits to me is that they just don’t have the knowledge and skill set to make money in the market. 

The Skills You Need To Be A Successful Trader

Look, success as a trader (and I am talking about a high success rate), is a skill set and it requires the development of a certain kind of muscle memory, if you will.  What if I told you that trading can be as simple as putting a round peg in a round hole? And what if I told you that there is even a “hack” to becoming a highly successful trader in the market?

Well, let me introduce you to Candlestick Charting!  Candlestick charts are thought to have originated in 18th century Japan and used in trading rice. And how were introduced to the Western world in the seventies by Steve Nison in his book Japanese Candlestick Charting Techniques. 

This picture below shows a basic trading chart.  You’ve probably seen them before. They show the daily movement of the price of a stock with longer-term views in “candlesticks.”  Typically, red candles show a price drop and green ones indicate an increase. 

Stock Price Candlesticks Chart

Price patterns are nothing more than formations created by the changes in the price of a stock. And once you begin to learn the art of candlestick charting, patterns will begin to pop out at you. Learning to read these patterns is at the foundation of what we call “technical analysis.” Here is the “hack” that I mentioned above, and the key to becoming a highly successful trader in the market. 

Predictive Power of Price Patterns Hack To Trading

It’s called the Predictive Power of Price Patterns.  It’s easy to remember and it’s the key to learning how to determine the right stocks to either invest in or trade. You can become an expert in technical analysis just by learning what a pattern is telling you about the direction it will go in the future, with a very high probability of success.

Price movement creates many patterns, but there are some specific ones that we trade on in our daily Jade Bronco trading group. The patterns in the diagram below indicate the strongest key patterns – trending, reversal breakouts and continuation patterns – that we are always on the hunt for.  

Key Market Breakout Patterns

Look, making money in the market is not as difficult as some news agencies and market pundits like to make it look. With more and more of us staying at home, working from home and more time on our hands, and with right now being one of the hottest markets in history….  Now is the time to learn how to become a highly successful investor.  

Your Best Best At Trading Successfully

But, please take my advice. Find a successful and seasoned coach to take you under their wing. Better yet, find that coach and become part of a community of highly successful traders who work daily together to find the best trades and invest together. 

If you would like to know more, contact me at [email protected] or click the free coaching button here on our site. 

Remember, round peg in a round hole. 

How COVID Has Changed Investing, PART I

How COVID Has Changed Investing, PART I

It looks like 2020 is coming to a wrap.  And what a year it’s been! Since the Covid-19 pandemic outbreak earlier this year, I have received a flood of calls and visitors to our website from people becoming more and more interested in learning how to trade in the market – stocks, options or Forex.  

And it makes sense to me because I speak with people all day long who are not only concerned about their physical, emotional and social wellbeing right now, but because most of us are not able or allowed to work from home, they have become worried about their financial health as well. 

 

How Covid-19 Has Changed The Way We’ve Invested This Year

Statistically, year over year, only 47% of Americans are invested or trade in the market. And that includes traditional financial instruments like 401K’s and IRA’s. But I think that may be changing with health concerns and the mandate for all of us to stay home as much as possible and “slow the curve”, stay home, stay well and stay safe. 

Since this pandemic broke out earlier this year, millions of people across the nation want to learn how to quickly become a successful trader and investor in the market. I saw recently where one of the online trading platforms recently boasted an increase in its client base from 10,000,000 to 13,000,000 in the first four months of the year.   

 

You Can Still Be Successful At Trading No Matter What

So many people want to trade in the market, like, right now. But the lack of knowledge and expertise, practice and especially the support to learn the skill set of a successful trader, most outcomes have been grim to say the least.  

Here’s some good advice published recently in The World Financial Review (that also just happens to mention Jade Bronco). There is some sound wisdom here for everyone who wants to invest. 

  • Don’t trade aimlessly based on feelings or emotions.
  • Learn and stick to a technique that best suits your finances. 
  • Always learn from the right people with the right experience.
  • Learn to analyze charting patterns and use repeatable methods of success.
  • To become a successful investor, learn from those who have a history of success as investors.
  • Verify the actual trading performance of any coach, program or advisor. This is the path to success as a trader.  

So how can you get started? Where do you go? It’s not just a drop in the hat.  To be continued…