Why You Should Never Buy A "Gap & Go" In A Bear Market | Stock Market Technical Analysis

Why You Should Never Buy A "Gap & Go" In A Bear Market | Stock Market Technical Analysis
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Bottoms are made over the course of weeks and months. Not days.

Tonight we discuss the punishment effect on earnings, why we never buy a gap and go in a bear market, as well as some setups I like for tomorrow Caterpillar (CAT), Vertex Pharmaceuticals (VRTX), & Comcast (CMCSA).

Why You Should Never Buy A "Gap & Go" In A Bear Market | Stock Market Technical Analysis


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Dan is a proud father of 2 and creator of the simple and highly effective PS60 Trading Process. He shares his 20+ years of trading experience every day with those who are eager to become successful traders.

Dan has been in the trading world since 1998. He started his career at Generic Trading in NYC as one of the early members of the top prop trading desks led by his mentor and late friend – the great Mayer Offman. He ran his first office for Generic Trading in 2001. Through this experience, he realized the importance of risk management while running a group of traders. Generic was eventually sold to the Royal Bank of Canada. Years later, he led another trading group desk at Assent that was sold to Sunguard.

Dan has traded through the Dot Com era, 9/11, and the mortgage bubble. He has traded along side some of the top prop traders during his career and made lifelong friendships. All the experience and screen time led him to start Access A Trader in 2010.

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Why You Should Never Buy A "Gap & Go" In A Bear Market | Stock Market Technical Analysis

Responses (5)

  1. As you can see we are already in may and I feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading since it is way profitable than hodling. Tradlng went smooth for me as I was able to raise over 9.2 BTC when I started at 2 BTC in just few weeks implementing trades with signals and insights from Joe Schmitt would advise y'all to trade your asset rather than hodl for a future you aren't sure about..You can reach Joe Schmitt on ͲeIєɠɾαm👉Schmittsignal.

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