I could be wrong, but I think the market participants should be more experienced and mature now on how to deal with a (possible) Liberation Day 2.0.
How you choose to react to things like this again depends on your own process, timeframe and your risk tolerance. There is nothing right or wrong, as long as you know what you are doing. We are each unique and have different circumstances.
Be flexible, open minded, and calm! Don’t let the emotions get to you.
Today I rewatched the Qullamaggie - Struggling Trader Compilation video and summarized some of the issues he mentioned, as a reminder to always find a reason NOT to take the trade. https://t.co/vobzTuOCBF
❌ Bad Market Conditions
Trading during market correction
Buying in unfriendly environments (e.g., narrow breadth, weak indices)
Buying when QQQ’s MAs are in a downtrend
Buying after the market has gone straight up for 2–3 months and starts stalling
Buying mediocre setups in a choppy or weak market
Buying short flag breakouts in bad environments
❌ Poor Technical Setups
Buying inside the range, trying to anticipate breakout
Buying random range breaks (not clean)
No tight range / range not developed
Buying chaser breakouts
Buying stocks not surfing rising moving averages
Buying stocks when MAs haven’t caught up
Buying on random green days
Buying grinders instead of clean movers
❌ Weak Stock Selection
Buying laggards vs. leading ETFs
Buying into declining 10 & 20d MAs
Buying broken momentum stocks with no RS
Buying random pump-and-dump stocks in a downtrend
Buying broken micro-cap pumps just riding the 50dma
Buying “bar code” stocks
Buying stocks that don’t respect any MAs
Buying chaotic, “all over the place” charts (even with high ADR or momo)
Buying choppy wide-range stocks
Buying stocks that have already gone up 1000%
❌ Poor Timing / Missed the Move
Buying after missing 2–3 proper entries in a short time
Buying when the move already happened / chasing
Buying with no consolidation or base