Traders and investors have been calling for small-cap stocks to sell off for a while now…Well, they got their wish. In the last couple of months, the iShares Russell 2000 ETF (IWM) fell from $173.39 to $144.70, a massive and quick correction of -16.55%.
It was painful hearing about small-cap stock investors taking massive losses on their portfolio. It hurts because I used to be subject to this same volatility. But then I got smart.
I know now, the way to make money in the stock market is by actively managing your portfolio.
If you are a buy and hold investor in 2018 your portfolio is pretty much D.O.A. (Dead On Arrival).
The market moves in cycles and sentiment can change fast. After years of experience, my track record shows that I can make money in any type of market condition.
That said, I primarily trade small-cap stocks, and have been doing so successfully for years. Heck, three of my students went from struggling to turn the corner to millionaire traders shortly after joining my service.
That said, this recent stock market correction didn’t phase me.
You might be wondering, and to be honest through my private trading rooms people ask… “Well, Jason, how did you fare with all the volatility in the small-cap index?”
Really well actually, and thanks for asking.
While IWM was getting smoked, and most traders getting cut up in pieces trying to catch a falling knife – I was able to turn $100K into $250K.
And do you know how I did it?
I was buying small-cap stocks.
I did it with three of my patterns…
My Top 3 Patterns Make Bank Regardless of Market Conditions
Even though small-cap stocks were getting decimated, I was able to score massive profits while being long these stocks.
Why’s that?
Well, my 3 patterns are like an equal opportunity program – they make money in any market condition (up or down) and don’t discriminate.
Believe it or not… If you can commit to learning these patterns they can change your life like they did for me.
1) Is the stock oversold?
When the price of a stock is under attack– it almost seems like there is no end in sight to the selling. That said, most traders who are long are tapping out and looking for the exit door. Consequently, this could lead to panic selling, driving the stock price below its “true value.”
I use multiple tools to spot oversold conditions – but that’s a lesson in itself. Check out how I’m able to spot oversold conditions here.
2) Could the stock continue higher?
I have a specific chart pattern which I use that signals when a stock is resting– but likely to continue on its bullish trend.
3) Is the stock poised for a breakout?
I’ll look at charts and identify resistance levels, and put those on my radar. If the stock breaks above that level, I’ll look to see if heavy volume and increased volatility to confirm the breakout.
That’s it. These three simple patterns can change your life. If you commit yourself to learning them I promise you that they can change yours too. That is if you commit to them and invest in yourself. Click here to get your free training.
The diary of a real $ trader,
Jason Bond
JasonBondPicks.com
I listened to Jason’s webinars a few times and wanted to buy but there was no link. I want the webinar deal of $297 and all the bonuses for signing up then that I couldn’t access after the webinar.
Thanks for the insight Jason, I love what you provide!