Have you seen our live shows? Join us for “The Trend” each market morning at 9:00AM EST, and “Beyond the Bell” at the close. See what’s trending in the markets and find out what our traders are watching each day! Check them out on the “Insights” tab.
Market’s overnight reaction to the stimulus deal was to pull back into the open. Of course that could all be recovered in the regular session, but right now it’s a “sell the news” event. This was the last ‘known news’ event of the year, but 2020 still has 2 more weeks to surprise us. With a couple of short weeks on tap, many retail swing traders will use this time to wind down their portfolios and go into the new year with as much buying power as possible.
This week is a great time to lay out your trading goals for 2021. New trader? Consider setting learning based goals instead of performance based. For example, a goal to read a certain number of book or learn a certain number of new strategies instead of trying to make a certain amount of money.
From the entire team here at YouCanTrade, we hope you and you family have a wonderful Holiday Season and a Happy New Year!