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Still extremely bullish since I called for a buy during my January market outlook seminars. I have been buying on dips and selling near the start of pullbacks, since this is a rather easy trade to play. Today was a typical day of scalping and swing trading using the simple setups of behavioral analysis, and as you can see from the picture, I have already taken some profits off the table for the weekend. I have heard from some of our senior club members that the target for banks and funds is 95, 100, and perhaps even 120.
Let’s watch and see, and keep up the good work looking for simple setups every day and don’t be greedy, because even if you only make a few hundred on each trade, you will find that it adds up to a substantial amount at the end of the day. The idea is to be consistent, and strive to take money from the markets daily. For example, when I was reviewing my trade log, I realised that I only had one losing day in the past 2 weeks.
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Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.