How to Avoid False Breakouts When Short-Term Trading

To view this email as a web page, go [here.]( [Roger Scott Newsletter] October 02, 2022 [How to Avoid False Breakouts When Short-Term Trading]( Most traders love breakout strategies because they’re simple to find and easy to execute for the most part. But the biggest problem traders experience with breakouts is the percentage of trades that end up being losers. Breakouts are known for being the strategy that causes traders the most amount of grief. There’s little in the way of theory, and breakouts are typically accompanied by volatility… So things tend to happen fast. Just look at the current market as an example! The major indexes will start to climb, and investors will assume the worst is over and jump in, only to get the rug pulled out from under them! Like most things in trading, it’s a double-edged sword. The best short-term trading tactics usually have the highest number of losers compared to winners. That’s why today I want to share what to look for to determine false breakouts. [Learn How to Avoid False Breakouts Here]( ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ [Think the Bottom Is In? See This First…]( With 2022 being such a tough year already, the LAST thing we want to do is add more rain to your parade… But this is unavoidable. You see, just the other day, when Federal Reserve Chair Jerome Powell committed to hiking interest rates again, and again… Something scary happened in the housing market. Mortgage rates jumped to new highs — numbers even higher than before the Great Recession. Now, for those who own a home, you might wonder what this has to do with you… The answer is everything… Your retirement plans… Your nest egg... Your kids’ and grandkids' futures… Joy of the Trade’s Jeff Zananiri believes it could change the landscape of America forever. Which is why he is revealing everything behind this opportunity in a LIVE emergency briefing. [Get the Details Here]( ________________________________________________________ An Urgent Momentum Update and What to Expect Next Week September 30, 2022 The major indexes were little changed Friday morning as the market looked to close out a week that saw the S&P 500 hit a new low for 2022. [Continue Reading]( Dead-Cat Bounce or Real Reversal? Plus My Top Sector, Option Play September 29, 2022 The major indexes headed lower Thursday morning, looking to give back some of Wednesday’s gains as the GDP report was released. [Continue Reading]( [Roger Scott] A WealthPress Publication ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [wealthpress.com/terms]( for our full Terms and Conditions. [Manage Your Email Preferences]( [Unsubscribe]( This email was sent by: WealthPress 495 Town Plaza Ponte Vedra, FL, 32081, US [Roger Scott]( [Update Profile](