I AM WAITING FOR THE MARKET CRASH…
A stock market crash can happen at anytime. No one knows when, if, or how. It could happen when the stock market is overvalued, it may happen when it is normally valued, or it may even happen when it is undervalued.
A stock market crash can be a terrible thing for some traders and a fantastic opportunity for others. It all depends on your trading abilities. With our trading style thankfully, it really doesn’t necessarily matter. Many options trading strategies perform awesome in slow up trending markets, most do even better in sideways markets, and some of the strategies even do well in down trending markets and YES, even during market crashes!
As a trader, you could be missing out on some of the best trading opportunities in history if you are waiting until a market crash that may never come before getting into the stock market. Then even if it does come, after the crash many traders will say that now the market is just too volatile. So again, they wait until the stock market “calms down”. Can anyone guarantee the stock market will stay exactly where they want it to be where their chosen trading strategy will do best? Absolutely not! So, what is a trader to do? Improve their trading performance and get into the market.
The uncertainty you are feeling with the stock market movement will never change. What you can change is your knowledge, experience, and the capital you have in your trading strategies. If you are going to be a trader. Be a trader. Being a trader means live trading in the stock market with trading strategies you know and trust at a capital level you are comfortable with. If you aren’t comfortable with your chosen trading strategies, get more training. If you aren’t comfortable with your capital level, reduce it, and always know that in order to win you have got to be in the game!