Markets Rally Post-Powell’s Balanced Remarks at Jackson Hole
NEWS
Look Ahead… Then Take The Money And Run
Simpler Trading Team
He’s always looking at the big picture, and he’s not afraid to call it as he sees it.
What he sees ahead of time tends to catch other traders off guard.
When a setup proves profitable, this trader is always ready to grab the gains and go.
Members of the Simpler Trading community follow him daily in our trading chat rooms… waiting for his next straight-shooting revelation.
Sam Shames, Director of Equities, is this week’s “Friday Feature” team member.
At Simpler Trading, there is nothing more valuable than our people – our biggest asset.
Sam headlines this highlight of the newsletter where we present one of our team members making an impact.
He has the innate ability to see the markets from a top-down view. He sees the broader nuances of the market, scales down to a particular setup, and takes trades with a high potential for profitability.
Traders today are really working for their money.
The pandemic shockwave hit hard. Markets haven’t been easy to navigate since, often harsh on trading accounts.
Sam saw all this coming – even predicting the pandemic crash – and he knows the big question traders face each day.
How do we get into a trade and get out quickly before the market crushes us?
Sam’s strategy starts with how the overall market is moving to find momentum and direction. Using trade-specific time frames – smaller or longer – he works to avoid holding any position too long. He’s always working to limit risk in a market that can shift without reason.
A simple analogy is that he waits for the tide to reveal its direction and then takes advantage of the movement. Tide first, then boats.
And, if the trend and market signals hold, he’s not opposed to riding the waves longer than some might expect. He’s also not afraid to see a big wave coming in the wrong direction, take profits, and get out. The market will always provide clarity over time and re-entry is open whenever a setup returns.
Sam is active in the Options Gold trading room.
His aggressive swing-trading style is an inspiration to traders wanting to learn technical analysis while recognizing the distinct psychology and market correlations presented on each chart.
When Sam is trading, watch for the tide and be ready to sail.
We Saw: Big upside swing in the market –
- Market ignoring political conflicts
- Big tech with big rebound
- All three indexes close week strong
We’re Watching: How the uptick holds into next week –
- The fun of active buying and selling
- How tech holds up with this bullish move
- Best plays for deploying mostly cash position
Learn more about navigating volatile markets – check out the Simpler Trading community HERE.