What to do when the markets turn sour

You need to have the right strategies and be prepared for whatever comes next

So, on Tuesday and Wednesday, the markets saw a huge selloff. Hopefully, you've seen Garrett and I talk about what we thought about everything Thursday night. But for those of you who tend to freak out when the markets are sour, I have a question: why? I like to have a trading philosophy that goes something like: be prepared for the market to be stupid, because the market will always be stupid. If you don't have strategies prepared for a bear market, you'll miss about half of the trading opportunities out there. Fortunately, I recorded this class to help you out. Whether we're talking about short-term selloffs, or long-term reversals, you need to be prepared for anything. With the strategies I share in this class, I think you can be. Watch the Class Right Here Jeffry's Teaching a Class I'm so excited for this. Tuesday, my student and great friend Jeffry Turnmire is teaching a FREE class for our readers. He'll be talking about the "market math" he uses every time he places a trade to try and identify potential market turns! You don't want to miss this. Click here to RSVP for the class Clicking automatically registers you for the event and periodic updates from Jeffry Turnmire. (privacy policy) If you're going to be in this game for the long pull, which is the way to do it, you better be able to handle a 50% decline without fussing too much about it. — Charlie Munger Okay, now, Charlie isn't talking about exactly what we're talking about here, but  I think the point is still a good one. If your trading strategy is only capable of handling bull markets, then you're just not going to survive for too long. The market will always take downturns, both over the short and long term. Be prepared to handle them, and you can go a long way! I Love the Heck Outta You!, Rob Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe