One of the main reasons why traders can’t make money in the market is shiny object syndrome. Their tendency to constantly chase new trends, opportunities, and ideas, causes them to have insane levels of distraction, stress, a lack of focus, and a sense of being overwhelmed. For example, trying to figure out when the perfect time to buy or sell a stock is… It is a rabbit hole I’ve gone down before. And let me tell you, a complete waste of time. Why? Because what works in some situations won’t work in another. So instead of trying to find definitive answers, I developed frameworks. It’s how I’ve amassed over $7 million in career trading profits, and have helped 20+ traders achieve millionaire trader status. One of the frameworks I use to find areas of support and resistance is Round Numbers. It turns out this simple concept works for everything, whether you trade penny stocks or large caps. And it works especially well when a stock is free-falling. By using the Round Numbers framework I’m able to put together trades that give me a distinct edge, improve my odds of making money, and set me up for success. I’m about to show you how it works, and how you can start implementing it in your trading right away. |