I hope you are staying well and healthy during these unprecedented times.
The markets have started to rebound after the big hit it took. This may be a rebound in a longer-term bear market or the market starting to find support and settle. It is hard to know as we are still in the midst of this crisis and this is not just a health crisis, it is also an economic crisis.Opportunities come after periods of downturn, but only for those that are prepared, ready and have a plan in place. So are you ready?
I can’t stress enough how important it is to plan and be ready for whatever the markets present and I shared with you the action I took in my last video update.
My goal is to help traders be ready and prepared for anything that can happen in the markets and I love it when I receive stories like this from my Mentorees:
“I would like to say a big thank you for the help you have given me over the past 2 years. Your guidance and the Ultimate Trading Mentor Course, Smart Charting 101 Online Course and Mastermind program helped demystify trading for me. You truly have a talent for simplifying the trading process, keeping what’s essential and getting rid of the rest. You got me organised and on a plan and because of that plan I knew exactly what to do in the past month during this pandemic time and just went ahead and did it. Your emphasis on having a plan and careful consideration of risk management means I have the capital to keep going on this trading journey. Paying attention to risk management has not only preserved my trading capital but also our super balances. Thank you for all you have done.”
Julie B, NSW (April 2020)
Check out my latest market update video below and find out how the charts are looking and get an update on the previous short trades I shared with you in my last video update.
If you have recently subscribed to my website, or for some reason you did not receive my last newsletter email, you can view the previous newsletters from this web link: http://smarttrading.com.au/news/
| Market Video Update |
Here’s a look at how the markets are coping during this pandemic affecting the world and an update on some of my trades.
If you have any difficulties playing the video from this web page you can watch it directly on YouTube from this web link: https://youtu.be/PAfE7-QejTA
The coronavirus pandemic is a wake-up call for us to always remember we cannot control the markets. Anything can happen unexpectedly at any time. Your response is the only thing you can control. That is why money management and portfolio heat are so important. These rules can protect you in whatever market situation there is.
I have confidence in my trading and my plan and this is due to my strict risk management and market exposure rules combined with my trading systems and strategies.
If you want to know more about my trading plan and get inside my head, I share it all in my Ultimate Smart Trading Mentor Course.
As part of joining this Mentor Course you also receive annual membership to the Smart Traders Mastermind, my ongoing support program for my Mentor Clients.
Plus, as an extra special bonus, if you purchase the Ultimate Smart Trading Mentor Course on or before 31 May 2020, you will also get my Smart Trade Tracker Spreadsheet for free. That’s a savings of $297.
Here’s a review of the spreadsheet from one of my clients:
“I bought the Smart Trade Tracker and have worked through the notes and setup a practice trade. The spreadsheet has bought everything together for me now and was the missing piece in the puzzle. It is an amazing spreadsheet. I am amazed at what it does and how easy it is to use. I thought I knew a bit about spreadsheets but must admit your Smart Tracker takes it to a new level for me.”
Heidn Potgeiter, VIC
So head on to this link http://smarttrading.com.au/wp/smart-trading-online-store and find out how these products can assist you in your trading.
| Finally |
Stay well, stay healthy and make sure you are prepared and ready to take action for when the market health returns.
Cheerio for now
Justine Pollard
Author, Private Trader & Trading Mentor
‘Discover the Smarter way to trade’
www.smarttrading.com.au
justine@smarttrading.com.au
Smart Trading Pty Ltd is a Corporate Authorised Representative, AR No.336312 of of Dynamic Capital Trading Pty Ltd AFSL 495685
Any returns reported are provided for information purposes only and results of past performance are no guarantee of future returns. No assurance is given that you will incur any profits or losses in your own trading and it should not be assumed that you will experience results comparable to those as reported. Any trade examples listed within this email or associated material are either fictitious or historical and in no way should be interpreted as a recommendation to invest in any particular stock, CFD or investment.
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