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SteadyTrade

Ep 174: Market Rotation: What You Need to Know to Trade On

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 17 November 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

Market rotation — it’s a thing, and it happens all the time. The sector that was hot yesterday could be cold as ice tomorrow. The same setup that worked 99 times in a row for you is suddenly falling flat.Just when you think you’ve tamed the market with your mad trading skills ... it comes back and bites you.It’s just the way things work in the stock market. Seasoned traders understand this and don’t take it personally. But for newbies, market rotation can seem like the end of the world.Don’t ...

Transcript

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0:00.0

I just think the best way is to be here every single day. Okay. And that people don't like that. I want you taking notes. I want you screenshot charts. I want your reviewing at the end of the day. And I don't care if you have a day job. Okay. You can do this early. You can do it late. If you're working second shift, third shift, you can still do this.

0:21.9

And I'm not saying trade every day.

0:23.7

That's not my point.

0:24.6

Yeah.

0:24.8

My point is put in the work every single day.

0:33.7

You're listening to the steady trade podcast.

0:37.9

A podcast that inspires traders to make meaningful strides and pursue their passions.

0:44.3

Your hosts are Tim Bowen, the lead trainer at Stocks to Trade Pro, Kim Ann Curtin, the Wall Street Coach, and Stephen Johnson, the up-and-coming trader who's always willing to learn.

0:56.1

Together, we'll sit down with experts to talk about their process, the lessons they've learned,

1:01.6

and discuss how all traders can level up their trading careers.

1:08.9

Welcome to the steady trade podcast. We have a very cool snapshot niche episode that we just want to cover because it's particularly relevant right now. It's very bulls versus bears. I mean, I can go like this. I look more like a rabbit. Tim's ball and definitely a bull.

1:30.5

But we go in cycles in the market. Some cycles are bullish. Some cycles are bullish. Some cycles,

1:37.5

double bottom dipping rips works. Some cycles, morning spikes work. Some cycles. Every push in the market fails. And I just want to

1:48.3

address it because the reason that trading is so difficult is, A, there's an element of luck

1:53.1

in the game. And B, the patterns in the market consistently change. So when you think that you're

1:59.4

learning a strategy and you get a

2:01.4

whole of it, oh, market changes. And then you have to like relearn all of the reasons why that

2:06.5

either works or it didn't work. And then you add luck. Was I lucky? Was it not looking? You can often not

2:10.7

know where you are. So I'm prolonging the introduction to make Timbon and weather, the, the, the ball thing longer.

2:18.7

But I just wanted to get it rolling.

2:23.1

How does that feel Tim and Kim?

2:26.0

Tim Ball.

...

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