Never trade based on fear.
It’s one of the most important things to remember when trading… and it’s something that far too many people learn the hard way.
When the market is declining, the temptation is to hit eject and save what you can.
Yet in the long run, it rarely pays off to operate from a bearish mindset.
Consider yesterday. Markets surged even as reports of a new variant of COVID-19 swept the globe.
Traders are taking it in stride. We’re used to the new reality. The world moves on and there’s nothing truly new under the sun.
This includes cryptocurrency. Yes, it’s novel…
And we’re just beginning to understand the way it will change our world.
But for many people, it is just a vehicle for speculation. Everyone’s hunting for the new altcoin that will deliver impossible gains within just a few days.
Sure, there are some success stories…
However, the truth is that if you just invested in Bitcoin and Ethereum and ignored everything else over the last few months, you would have turned out just fine.
Mr. X provides a rule to remember – “Don’t outthink yourself.”
Don’t panic.
And remember you aren’t in this alone.
Keep moving,
Learn the two most common beliefs that hinder new traders and how to get past them. Chris provides some ideas on how to utilize uncommon time frames to find profitable trading set-ups, what trading in 2022 might be like, and much more. From novice to pro, there’s something in this episode for everyone!
WORD ON THE STREET
JACK LEAVES, ELON UPDATES, BOOSTERS FOR ALL
-
An Era Ends – Jack Dorsey is stepping down as CEO of Twitter (TWTR) and will be replaced by the company’s chief technology officer, Parag Agrawal. Investors are looking for a change of course but weren’t impressed with yesterday’s reshuffle – the stock was down more than 2%.
-
Musk Promises Update On Cybertruck – In contrast, Tesla (TSLA) was up more than 5.5% as part of the general market recovery. TecnoKing Elon Musk promised investors an update on the “Cybertruck” in the next earnings call. However, he appears to be lowering expectations…
-
Shots For Everyone! No, Vaccines, Not The Good Kind Of Shots – The FDA is reportedly moving to authorize COVID-19 boosters from Pfizer/BioNTech SE (PFE/BNTX) for 16 and 17-year-olds in order to stem the spread of the Omicron variant of COVID-19. The CDC has also strengthened its guidance on booster shots, now urging them for everyone 18 and older. However, President Joe Biden said the new COVID-19 variant is “a cause for concern, not a cause for panic.”
-
Microsoft CEO Dumps Half His Shares – Microsoft (MSFT) CEO Satya Nadella has reportedly sold about half his shares in the company, according to a new filing. Mr. Nadella sold about 838,584 shares over two days, leading to a windfall of $285 million. However, the company assured investors that the CEO remains “committed to the continued success of the company and his holdings significantly exceed the holding requirements set by the Microsoft Board of Directors.” Traders seem to believe them – MSFT was up more than 2%.
HOT SPOTS: What’s Going on in Geopolitics
-
Duck And Cover – As the Russian army continues to mass near Ukraine and Vladimir Putin continues to back the authoritarian regime in Belarus, one observer is warning about the possibility of accidents. Admiral Lord West of the United Kingdom said: “By miscalculation, things could accelerate and you could end up fighting and no one wanting it and then it only takes a little step for someone to do something stupid like using one missile..
-
Leftist Leads In Honduras – The recent election in the Central American country appears to have led to a triumph for leftist Xiomara Castro de Zelaya. She would be the first female leader of a Central American country and appears to have won an outright majority of the vote.
-
China Boosts Combat Power – A government source reports that China’s People’s Liberation Army is shifting about 300,000 troops from support roles into combat units. Satellite imagery also shows that the country is building underground shelters near the Indian border in the Himalayas. Indian and Chinese troops have clashed there in recent years, leading to a number of deaths on both sides.
CUTTING EDGE: What‘s Happening In Tech
-
Russia Claims Another Successful Missile Test – The hypersonic “Zircon” cruise missile hit its target in a recent test. The Russian defense ministry said the missile hit a target about 250 miles away after being launched from a warship in the White Sea. Coming on the heels of a major hypersonic missile test by China, it’s a reminder to the United States that its military superiority can no longer be taken for granted.
-
New Theory To Explain Alzheimer’s – Alzheimer’s Disease has been a ruinous target for many biotech companies, who have tried and failed to develop treatments. They may have been aiming at the wrong things. Research from UC Riverside said that aging cells’ declining ability to clean up spent or defective proteins could be responsible. Previous theories held that targeting a protein called “tau” directly could prevent the disease – but some people who have sizable tau buildups in the brain don’t suffer any symptoms of dementia.
-
Scientists Refuse to Watch Sci-Fi Movies, Doom Us All – Have bad sci-fi movies taught us nothing? Computer designed organisms built from frog cells have been created by an American team – and the tiny robots can reproduce by themselves. The tiny “Xenobots 3.0” could potentially be used to treat a host of diseases and maladies, including cancer. Let’s just hope we know what we’re unleashing – remember that cancer itself is a disease of out-of-control cellular reproduction.
FOR YOUR CONSIDERATION
“Don’t outthink yourself.”
A media sensation, a hamster that “traded” cryptocurrency, recently died. It was cause for another burst of media coverage skewering the chaotic cryptocurrency market.
But is this sector really so dangerous?
Mr. X provides the hard numbers and shows that a simple, low-stress strategy may give you the best returns.
ROGUE RECCOMENDS:
Physics-based algorithm just spots imminent market surge
He just secured a 98% gain in 23 days. See what’s next
Old Pool Hall “Trickshot” uncovered an 899% win in 22 days
Enjoying Dawn Report? Learn something, made some money?
SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER.
Let us know at info@rogueinvesting.com
Copyright © 2021 Rogue Investing. All Rights Reserved.
There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Rogue Investing.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice.
Information for any trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. By downloading this book your information may be shared with our educational partners. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.
Affiliates of Rogue Investing.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. An InvestPub Company.
HIGH RISK WARNING Trading foreign exchange, stocks, options, or futures on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. RogueInvesting.com provides general advice that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future success.