Are you terrified of October, like the rest of the trading world usually is?
No, not because of Halloween…
You see, the start of Autumn always sends the markets into a frenzy. And October in particular has a history of seeing market corrections — translating to a phenomenon known as "The October Effect."
What's that? Why should you care as an investor?
Well, "The October Effect" refers to the psychological anticipation that financial declines and stock market crashes are more likely to occur during October than any other month.
The proof is in the pudding. Just look back at the Bank Panic of 1907, the Stock Market Crash of 1929, and Black Monday in 1987 — Yup, you guessed it. These all happened during the month of October.
I expect October in 2021 to be no different.
The combination of FED tapering, China contagion, and stocks that have been up in a straight line for over a year, leaves the market in a very precarious spot.
If you aren't ready for what's coming, now is the time to adapt and have a strategy that gives you the opportunity to make money on these kinds of trends.
SAY HELLO TO THE SWARM
One little sting from a single wasp is scary, but a SWARM of them is what nightmares are made of.
Because when you add one more sting, then one more… their collective power can swell a person into a balloon. In this case, the swarm is us and the Street, and the person is a single stock.
That's exactly why SWARM is the perfect analogy for how I have in the markets over and over again.
I simply watch Wall Street "SWARM" onto a specific stock and balloon it for gains like: |
0 Response to " New Trade - Protect Yourself Against the October Effect"
Post a Comment