The Fed’s big announcement

Folks are breathing a sigh of relief, but are they acting too soon?

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Hey There! So the Fed announced yesterday and good news: They're waiting to introduce tapering for a while longer. As we talked about yesterday, tapering will inevitably lead to down markets, because people fear that those policies will gum up the works. So people are breathing a sigh of relief, and the markets bounced back healthily yesterday afternoon. But is the reaction too much, too soon? Maybe… I don't want to kill the good vibes, but we know a bear market is coming eventually. Traders have been far too positive for too long, and that momentum can't last forever. The Fed will eventually shift policies, and there will eventually be a downturn. Are you going to be prepared? 3 Tips for a Bear Market The next bear market is inevitable. Even after the rise off of yesterday's Fed news, most of us have that uneasy feeling that a big selloff is coming soon. So what should you do to prepare? I've got three tips: Tighten your stops, so that you are protected against sudden drops Prepare hedging trades against your bullish positions Watch this video right away In this brief presentation, I'll share the #1 trading pattern to utilize in a Bear Market. You can't afford to go another day without it. Watch the presentation here Sometime over the last few days, I came across an article talking about 8 things the writer, a luxury design business consultant, learned from working with the 1 percent in New York. And I think there are a few key values to take away from it: "They Detach Emotion from the Business" Whether you own a business or you're just a trader, you have to take emotion out of it. Take the bear market, for example. A lot of people will lose their shirts because they panic when the reversal comes. Folks who take emotion out of it will have a far better chance at success than those who act on impulse alone. "They are efficient with their time" You know how important this is to me… You don't need to spend hours in front of your computer to reach your goals. You just have to be efficient and smart. "They embrace failure" There's no avoiding it: mistakes happen. All trading involves the risk, and usually the eventual certainty, of loss. But you don't have to let that loss overwhelm you. You have to embrace the failure and learn from it, or you'll never be a successful trader. If you're interested, you can find the whole article here. It's an interesting, short read. Happy trading! Markay 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. At MarkayLatimer, we are strongly committed to protecting your privacy and providing a safe online experience for all of our visitors while offering a high-quality user experience here at www.MarkayLatimer.com. We know that you care about how the information you provide to us is used and shared. We have developed this Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of Information we receive from users of the Website. Markay Latimer owns & operates the Website. This Privacy Policy, along with our Term & Conditions, governs your use of this site. By using www.MarkayLatimer.com, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our terms and this Privacy Policy. If you have provided personal, billing or other voluntarily provided information, you may access, review and make changes to it via instructions found on the Website or by emailing us at help@MarkayLatimer.com. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the "unsubscribe" link located on the bottom of any related email from the Company. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe