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B The Trader

Holiday Market Trading - Trading the Santa Claus Rally

28 Dec 2019

Description

Holiday trading is different as there's a lot more volatility in the holiday market.   Short selling is challenging in the last week of December. I saw on Twitter that a lot of people were trading and taking big hits. This is my theory: everyone is off at home on their computers, there are many new traders on the market who are more familiar with the long selling, and a lot of squeezing is happening, so you have to be careful when selling short.   I didn't have very successful trades on Monday and Tuesday, but Friday was profitable as I followed my trading plan and waited until I hit my target before cutting it.   So if you're trading short, be extra careful during the holidays and all the way up to the New Year. Wait for a clear signal and don't waste your time on mirages that take your time and attention away from the real A stocks. Be careful trading pre-market and watch out for squeezers.   Watch the video till the end to learn how I adapted my trading and daily routine now that I have a full-time day job. I also share the news about new exciting guest interviews!

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