Why I had a great trading day yesterday

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I had a very good trading day yesterday, about $23,000 across my accounts. Why? Because the market did exactly what I thought. And I want to show you how I knew…

Jeffry Turnmire Reveals His Stock Market “Radar Dish”

See what’s coming in the market with this bundle of resources

I have a philosophy I repeat over and over again:

Trading isn’t about always being right, or about hitting home runs all the time.

Primarily, trading is about using whatever methods we can to tip the odds in our favor as often as possible.

And as you know, the way I do that is with Fibonacci.

Fibonacci techniques are based on a mathematical pattern that occurs over and over again throughout nature.

As the theory goes, those same patterns that appear throughout math and throughout nature and architecture will also appear in the market.

And if that seems a little crazy to you, just know that these theories have been responsible for most of the success I’ve had in my career.

Here’s an example from yesterday:

I expected that the market would sell off and reach 0.618 level (or the lavender 61.8% level on this chart) and then climb higher.
0.618 is a critical number in Fibonacci calculations: it’s the golden ratio!

And I’ve seen measured bounce trades like this one set up over and over again.

Surprise, surprise, it did exactly what I thought.

SPX closed up 2.25% and all the trades I placed based on my projections performed very well.

Of course, Fibonacci isn’t perfect. But it’s pretty powerful. And these sorts of trades set up for me all the time.

Once again, it’s about tilting the odds in our favor.

Can you imagine how powerful you’d feel if you had the tools to anticipate where the market will head before it moved?

That’s how I often feel with Fibonacci. And I’m thankful it worked out for me yesterday.

Hope you have a great St. Pat’s,

Jeffry

P.S.: If you’d like some really detailed trading on how I use Fibonacci, I’ve included all the classes I’ve ever taught on it with some awesome bonus resources in a special package for just $47. Reserve access here.

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Jeffry Turnmire and InvestPub do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.

_{Daily Profit Publishing and Jeffry Turnmire do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.}

_{We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.}