Comments on: Why Now Is The Time To Play Defense In The NASDAQ https://morpheustrading.com/blog/stock-market-defense/ Learn how to swing trade explosive growth stocks and top cryptos with a proven stock trading strategy since 2002. Wed, 06 Apr 2022 19:05:05 +0000 hourly 1 By: Deron Wagner https://morpheustrading.com/blog/stock-market-defense/#comment-1537 Fri, 08 Nov 2013 19:39:34 +0000 http://www.morpheustrading.com/blog/?p=3385#comment-1537 In reply to Anonymous.

Ha ha! Indeed, Wagner Daily subscribers (primarily those who are new to our trading strategy) are occasionally uncomfortable with such a fast turnaround on stock trades (especially when it’s just a scratch).

However, this normally only happens a few times per year. Otherwise, our holding times are much longer.

Furthermore, as you correctly pointed out, it’s quite nice to make a little profit while others are losing big.

If our market timing model changes from “Buy” to “Neutral” or “Sell” mode, we act on it immediately because the change in market sentiment often comes swiftly, just as yesterday’s big selloff occurred right after we notified subscribers we were closing long positions and/or moving to very tight stops.

Our goal is not only for traders to score large profits in good market conditions, but to make sure they don’t give back those profits when the bullish sentiment begins eroding.

Sitting in cash and waiting for the market’s next move is a great way to do so.

Thanks for your feedback.

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By: Anonymous https://morpheustrading.com/blog/stock-market-defense/#comment-1536 Fri, 08 Nov 2013 19:04:18 +0000 http://www.morpheustrading.com/blog/?p=3385#comment-1536 Rick and Deron,

I’m sure your used to hearing it when things aren’t going as planned. I have done it to you as well. So in fairness, good call today. I was questioning buying one day and selling the very next. But the end result of a bad day in the markets was that I actually made some money following your advice. It wasn’t a lot, but a small gain when everyone else is losing big is a win as far as I‘m concerned.

Thanks

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