Seize the Day


Date: 3/15/2023
Author: Chris Hood



Not everyone likes day trading.

It’s just too fast for some to process, or it doesn’t fit their personalities.

I’d much rather swing trade positions, but the market environment isn’t right.

The Fed seems determined to raise interest rates despite the economy falling apart. Banks are facing a liquidity crisis and collapsing.

Silicon Valley and Signature Banks have been the first casualties.

Will Credit Suisse or Deutsche Bank be next? Statements from the former paint a less-than-ideal picture.

The effect on active traders is to make even medium-term predictions impossible. Options traders aren’t investors.

We aren’t playing to be right on a 5-year time frame – we need to know what will happen right now.

So here is some advice to keep you safe and profitable no matter what happens.

Corey Synder recently went live with Emmy Award-winning journalist Seth Allen for American Oil Fortunes to demonstrate precisely

how this one surprising stock could hand you a 1,000% return – or greater – over the next 12 months…

All you have to do is click this link to watch the replay of American Oil Fortunes. 

In turbulent markets, it’s critical to trade in shorter time frames. Personally, I’m reluctant to hold anything overnight.

Contrast this to the bull market of 2020, when I held calls on stocks for several weeks and was paid handsomely for my efforts.

With day trades, you can be in and out in an hour or less, scoop up massive profits, and go into the close flat. There’s no chance of getting blindsided by a crazy reversal overnight.

Stop thinking that you can predict the future.

You can’t.

Only a few people are smart enough to pick stocks in this kind of chop. I know that oil prices will likely explode this year, but I defer to those who know how to invest in commodities.

I play the charts as I see them.

Navigating the current conditions requires special attention to charts under an hour.

My most profitable trades have recently used the 5-12 minute time frames. Short scalping trades on choppy days and longer intra-day trends when there’s a clear direction.

If this isn’t something you’re comfortable with, you should probably stay away from your computer.

There’s just far too much risk when a simple, unannounced comment by the Fed can cause a 2% move on a major index in a single day.

Stop taking risky positions and focus on trading only your highest probability set-ups.

If you don’t know what those are, you’ve got some work to do

Stick closely to your rules on profit-taking and stop losses. In a heavily trending market, you can often get away with being sloppy.

Not so right now.

Plan your day in advance, avoid bullish or bearish bias, and just trade.

The quality of your trades and perfect management is essential.

This isn’t to say that they aren’t always important, but they matter more now than ever.

And remember, if you don’t know what to do or feel uncomfortable, there’s nothing wrong with patiently refusing to trade.

The market will always be open tomorrow.

Chris Hood


PS – My colleague Corey Snyder recently went live to talk about the future of oil and revealed over a DOZEN critical stock plays to make right now if you want the best possible chance of harnessing the $15 Trillion market shift…

Including the one stock that’s perfectly positioned to deliver a potential return of 1,000% or more over the next year.

This broadcast will only be available for replay for a limited time, so watch now.



“We’re moving closer to the end of the unipolar world that Russia is always talking about. We’re not there yet. Luckily, we know exactly what to look for.”

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