Big Gains 1 Day, Big Losses the Next — Why We Must Be At Peace With Our Trading, and TSM Earnings

Join me at 9:15 a.m. ET for “Morning Monster”!
 
   
     
There’s a pattern forming in the S&P 500 charts that looks eerily familiar… It’s the same setup we saw just before the 2020 crash — I’ll be live at 1 p.m. ET on Friday to show everyone how I’m playing it.

Big Gains 1 Day, Big Losses the Next — Why We Must Be At Peace With Our Trading, and TSM Earnings
 
 
I’ll be live as usual at 9:15 a.m. ET for “Morning Monster” — go here to join me now!

But I also wanted to cover something else today…

This thing we do — trading — is a grind about 240 out of the roughly 250 open market days we get in a year. Those other 10 days are the big portfolio movers IF you’re in the right stuff.  

For me, Monday and Tuesday combined I saw a net open gain increase of over $85K — both very nice days, obviously — and set a new high-water mark in most accounts for the year. But then we got to Wednesday, and now I’m watching around $21K flow back off those numbers.  

This is the ebb and flow of trading.  

You have to find your style. Buy and hold isn't a great way — at least not around here. I swing trade for much smaller gains and take my shots at the big moves here and there.  

Which might not make much sense if you’re new here...  

I make 100s of small trades, and a few larger trades. Then I have some that could possibly take years to play out in full.

Wednesday, while the S&P 500 was down 1.3% and the Nasdaq 100 (QQQ) was down 2.7%, is not a "put your head in the sand" type of day. 

It’s a day to hunt for opportunities when they present themselves, cutting out weakness if you see it. I've been through plenty of 75-point down days on the S&P 500.  

There will be plenty more if you stay in this game long enough. 

All the things I’ve said in various channels about being able to be 100% at peace with your trading is true. You have to be able to weather these down days without losing sleep. If you’re stressed to 7, 8, 9, 10, or even 11 today, then you’re probably trading too big or too aggressively.  

Please do yourself a favor and trade smaller.

That said, I’ll see you live right now…

 
 
‘Morning Monster’ Is About to Start!
Be sure to join me live at 9:15 a.m. ET each weekday for “Morning Monster,” my market-open livestream on YouTube, and again at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!

Please hit that Subscribe button on my YouTube page!
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I Have a Bone-Chilling Warning for Friday   
 
 
I have something urgent to show everyone...

There's a pattern forming in the S&P 500 charts right now that's eerily familiar…

It's the same setup we saw just before the 2020 crash when the market took a 35% nosedive.

 
 
 

But here's the thing...

This time, my analysis suggests we could be looking at a potential 50% drop.

I'm not saying this to scare you. I'm telling you because there's a massive opportunity here if you know how to play it.

During the last flash crash like this, I was able to turn a modest $250K into $1.4 MILLION in under a month.

And while I can never promise future returns or against losses,  I think this could be even bigger.

I'm going live on Friday at 1:00 PM ET to reveal everything I've found.

You'll see the chart, hear my analysis, and see the strategy I'm planning to use.

This could be the most important webinar you attend in Q3.

 
 
Reserve Your Seat Here
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Customer Story of the Day
 
 
I also host a community of like-minded traders on Discord. This is what my members are saying: 

I’m risking day trader status here, but damn couldn’t wait to bank that 105% win! Thank you JT, you the man my brother!! — Lincoln
Jeffry Turnmire
Jeffry Turnmire Trading

I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!

Please check out my channel and hit that Subscribe button!

I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.

I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. 


*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 
   
 

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