Ditch your inflation fears⦠â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â Good Morning! We saw an ugly market pullback yesterday on growing [inflation fears](. Inflation hit 40-year highs and Januaryâs Consumer Price Index (CPI) saw a whopping [7.5% annual gain](. But fear in the markets isnât new. In fact, fear and greed are what drive stock prices every day... Right now, the inflation numbers are high â but weâve been bracing for that for weeks now. Instead of playing armchair economist with you, I want to do something that can potentially help you be a better trader in this market. You see, the greatest opportunities arise when fear or greed reach max levels. However, most traders are too scared to pull the trigger⦠⦠or too blind to see the signs. Thatâs why Iâm sharing with you the 3 aspects of the market that help me spot the juiciest opportunities in this market⦠sponsored [Sykes: âPrepare for takeoff on Monday at 9:30amâ]( If I were you, I would prepare myself for takeoff on Monday at 9:30am. Whatâs taking off? [Click here now to see this before itâs too late.]( Trade Stocks With a Catalyst Like I said yesterday, I love a stock that plays the game. Premarket press releases get everyone excited and bring in high volume. We need volume and demand to drive prices higher. Stocks with catalysts can be particularly good on red market days. Everyoneâs looking for that one green stock to trade⦠Look at Peabody Energy Corporation (NYSE: BTU) yesterday. It announced [earnings]( its subsidiaries announced a [share buyback]( and itâs in a hot sector. And it spiked roughly $2 per share⦠If you donât see a play in the morning, watch what shakes out in the afternoon. Look for the sole survivor â the stock thatâs green while the markets fall apart. Then you can look back at the one-year chart and⦠Use Technical Chart Levels As Your Guide Iâve talked a lot about key levels this week â you must know [how to spot them](. As traders, we trade human emotion. And fear and greed are what make these levels so important⦠Here are some of the most important key levels I like to use: - Support and resistance
- Whole-dollar & half-dollar numbers
- The previous dayâs closing price
- Daily and yearly highs and lows I called the recent bottom in the SPY and bitcoin back in January using [technical levels](. And theyâre what make patterns like [red-to-green moves]( and breakouts so powerful. When technical levels break to the upside, greed kicks in. Everyone wants to ride the stockâs upside move. Thatâs why I love stocks near 52-week highs and recent IPOs that make new highs. Look at the six-month chart for recent runner Tritium DCFC Limited (NASDAQ: [DCFC]( as an example. It broke above the previous high around $11 and made a high of $19.75 the next day. On the other hand, if a stock goes from green to red or technical support breaks â traders get scared. They sell first and ask questions later. If youâre long, thatâs when youâd cut losses and move on. Thatâs part of⦠sponsored [Game-changing trading app created by Timothy Sykes]( With over 70 revolutionary features, built-in scans that Tim uses every day, the mobile app, and more- StocksToTrade could change the way you trade forever. [Get started TODAY]( Making Your Trading Plan We talk a lot about making a trading plan in the [SteadyTrade Team](. We break down potential trades in detail and use worksheets to plan trades. The reason for a trading plan is simple: You canât predict the market or a stockâs moves. Who would have thought Digital World Acquisition Corp. (NASDAQ: [DWAC]( would go from $13 to $175 in two days last October? That was a massive greed-driven overreaction to [news](. And the stock was back to the low $50 a few days later. And who would have predicted Meta Platforms, Inc.'s (NASDAQ: [FB]( fall from grace? It lost [$232 billion]( in market cap in one trading day â it even broke a record! Then it continued dropping for three more days. Thatâs fear. Now, big moves like that don't happen every day. But your [trading plan]( is how you can stay safe in times of fear and take advantage of greed. Look for stocks with a catalyst. Then use key emotional levels to make a trading plan, including your entries, exits, and stops. If you need help⦠Join the SteadyTrade Team There will always be big down days, big up days, and years of sideways grind in the markets. And Iâm in SteadyTrade Team webinars twice daily to break it all down for you⦠Yesterday we had a great discussion on when to be aggressive and when to be conservative. But you canât learn everything in one day. Thatâs why the SteadyTrade Team is a one-year program where we focus on getting 1% better every day. Join us today! [YES! I Want Bohen to be My Trading Mentor!]( [Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 *Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose. This is for informational purposes only as StocksToTrade is not registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. StocksToTrade cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. StocksToTrade in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, StocksToTrade accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns. Copyright © StocksToTrade.com