Plan your positions

If you have also been rebalancing your book, you should be in a more advantageous position now.

Having managed your laggards, you can assess the market differently to a retail trader currently drowning in drawdowns from positions they entered in December with the hope of a Santa Claus rally.

The decisions these traders will inevitably make will now likely to be one of fear and emotion.
So while that is the point these traders are at, we should now start to plan our next move.

This is what mainly Anne has been doing this week while I executed exits and applied stops.

On the webinar I mentioned you need to have a plan on how you will react should the market pullback.

Remember, be one step ahead.

We have stocks we will be adding to, stocks we are stalking and levels we are watching.

Let's go trade!