{"id":20287,"date":"2022-10-31T07:30:59","date_gmt":"2022-10-31T11:30:59","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=20287"},"modified":"2022-10-31T07:30:59","modified_gmt":"2022-10-31T11:30:59","slug":"three-essential-habits-of-a-successful-crisis-trader","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/three-essential-habits-of-a-successful-crisis-trader\/","title":{"rendered":"Three Essential Habits of a Successful Crisis Trader"},"content":{"rendered":"<p><strong>Jeff&rsquo;s Note: <\/strong>You might already know I accurately predicted the crashes of 2008, 2020, and even the tech meltdown in 2022.<\/p>\n<p>But on <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT682897&#038;eid=MKT685320&#038;step=start&#038;plcid=PLC159155\" target=\"_blank\" rel=\"noopener\">November 2 at 8 p.m. ET<\/a>, I&rsquo;m coming forward with my most timely warning yet&hellip; only this time, it&rsquo;s not a prediction. A $4 trillion market &ldquo;snap&rdquo; is <em>guaranteed<\/em> to hit and could send many household stocks crashing.<\/p>\n<p>Most folks won&rsquo;t know there&rsquo;s a way to potentially flip this mess into massive profits. But with my secret, not only could you make back all the losses you suffered this year&hellip; but also make decades&rsquo; worth of gains by the end of 2022.<\/p>\n<p>To find out how, <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT682897&#038;eid=MKT685320&#038;step=start&#038;plcid=PLC159155\" target=\"_blank\" rel=\"noopener\">just click here to instantly sign up<\/a> for my briefing.<\/p>\n<hr style=\"margin-bottom:20px;\">\n<p>Bear markets are psychologically bruising.<\/p>\n<p>After years of building up gains, they evaporate in a matter of months&hellip; without warning.<\/p>\n<p>This year has been no different.<\/p>\n<p>The S&amp;P 500 is down over 20% since January.<\/p>\n<p>And if you&rsquo;re heavily invested in tech stocks, you&rsquo;ve probably fared even worse.<\/p>\n<p>The Nasdaq &ndash; which is packed with large-cap tech stocks &ndash; is around 30% below its all-time high last November.<\/p>\n<p>Retirement accounts are a lot smaller than they were this time last year as a result.<\/p>\n<p>And folks who got in during the panic-buying stage at the end of last year are now nursing stinging losses.<\/p>\n<p>That&rsquo;s why I&rsquo;m writing to you today&hellip; <em>I want you to know it doesn&rsquo;t have to be this way. <\/em><\/p>\n<p>People can lose fortunes during stock market plunges. But as a trader, I know they can make even greater fortunes in the aftermath.<\/p>\n<p>In fact, some of my best trading years were during extreme market crises.<\/p>\n<p>If that sounds absurd, keep reading. By following some simple advice, you can achieve similar results starting today.<\/p>\n<h2 style=\"text-align: center\">Profiting From Past Crises<\/h2>\n<p>Take the &ldquo;Black Monday&rdquo; stock market crash.<\/p>\n<p>It happened on October 19, 1987. And it took the Dow down nearly 23% in a single day.<\/p>\n<p>That&rsquo;s the largest one-day crash in the index&rsquo;s history.<\/p>\n<p>But during the lead-up to Black Monday, I was able to multiply my money 10 times&hellip;<\/p>\n<p>Then, following the dot-com crash in 2000, my trades resulted in a seven-figure windfall for my clients at my former brokerage firm.<\/p>\n<p>(I sold my firm at the end of September 2007, right before 2008 crash struck. That surely qualifies me for some sort of market-timing award.)<\/p>\n<p>Longtime readers know how well I did in the last financial crisis of 2008. If you&rsquo;d followed my recommendations back then, you could&rsquo;ve doubled your money &ndash; or more &ndash; on 18 trades.<\/p>\n<p>How is this possible?<\/p>\n<p>It has to do with three trading habits most everyday investors don&rsquo;t follow&hellip;<\/p>\n<p><strong>Good Trading Habit No. 1: Fight the urge to trade with the crowd<\/strong><strong>.<\/strong><\/p>\n<p>This is harder than it seems.<\/p>\n<p>When the stock market marches higher each day, it&rsquo;s uncomfortable to sit on the sidelines waiting for a more profitable entry point.<\/p>\n<p>Seeing the gains other folks are making each day doesn&rsquo;t help.<\/p>\n<p>But there&rsquo;s a big difference between the investor who bought out of FOMO (fear of missing out) right before the S&amp;P 500 peaked in January&hellip; and the one who waited for better prices.<\/p>\n<p>The former is praying the stock market will come back to where it was before the crash. The other is happily buying stocks at bargain prices.<\/p>\n<p><strong>Good Trading Habit No. 2: Remember that what goes up must come down.<\/strong><\/p>\n<p>As soon as it seems a stock market rally will go on forever, that&rsquo;s about the time you know the party is coming to an end.<\/p>\n<p>Often, the last legs of an overextended rally draw in the least-informed investors&hellip; and saddles them with massive losses.<\/p>\n<p>Knowing how to spot these moments is key to finding opportunity in crisis markets.<\/p>\n<p>Sometimes that means sitting on the sidelines as the rally continues. Accepting that is key to being a responsible trader.<\/p>\n<p><strong>Good Trading Habit No. 3: The best trades are the toughest to make.<\/strong><\/p>\n<p>I sat out most of the stock market&rsquo;s rally late last year.<\/p>\n<p>Then, when the market crashed, I was ready to step in and start buying.<\/p>\n<p>It was uncomfortable. Nobody knew how far the market would fall.<\/p>\n<p>I had to accept that I might lose money even on the lower entry points I was buying at. But I knew that it made more sense to buy at those levels than late last year.<\/p>\n<p>For example, just one day after making that call, my subscribers closed out of a long trade for a 90% gain. And the next day, they closed another long trade for a 133% gain.<\/p>\n<p>So, it pays to go against the herd.<\/p>\n<h2 style=\"text-align: center\">Golden Thread<\/h2>\n<p>There&rsquo;s a golden thread that ties these habits together&hellip;<\/p>\n<p>To be a successful crisis trader, you need to learn to control your emotions.<\/p>\n<p>We humans are emotional, irrational beings. Greed and fear pull us one way or another.<\/p>\n<p>Learning to recognize and control these emotions &ndash; <em>and counteract them<\/em> &ndash; is essential.<\/p>\n<p>It&rsquo;s what leads to the kind of gains I mentioned above.<\/p>\n<p>Of course, I give a lot more specific guidance to my subscribers about how to trade in a crisis scenario.<\/p>\n<p>And I&rsquo;ve identified <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT682897&#038;eid=MKT685320&#038;step=start&#038;plcid=PLC159156\" target=\"_blank\" rel=\"noopener\">a massive market-moving event<\/a> that&rsquo;s guaranteed to happen just days from now&hellip;<\/p>\n<p>Dozens of popular stocks could freefall overnight. In fact, $4 trillion is at stake.<\/p>\n<p>That&rsquo;s why on Wednesday, November 2 at 8 p.m. ET, I&rsquo;m making an urgent broadcast.<\/p>\n<p>Something in the market is about to &ldquo;snap.&rdquo; My advice is to prepare now &ndash; or risk getting <em>slaughtered.<\/em><\/p>\n<p>To attend, <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT682897&#038;eid=MKT685320&#038;step=start&#038;plcid=PLC159156&#038;SNAID=%%SNAID%%&#038;email=%%emailaddr%%&#038;encryptedSnaid=%%ENCRYPTEDSNAID%%&#038;emailjobid=%%jobid%%&#038;emailname=%%emailname_%%\" target=\"_blank\" rel=\"noopener\">click right here for automatic enrollment<\/a>.<\/p>\n<p>Best regards and good trading,<\/p>\n<table style=\"margin-bottom: 20px;\">\n<tr>\n<td><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.jeffclarktrader.com\/global\/signatures\/jeff-clark-signature.png\" width=\"200\" height=\"77\" alt=\"signature\"><\/td>\n<\/tr>\n<\/table>\n<p>Jeff Clark<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some of my best trading years were during extreme market crises\u2026<\/p>\n","protected":false},"author":55,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"service":"","footnotes":""},"categories":[1],"tags":[],"publication":[10],"person":[7],"newsletter-type":[],"ticker":[],"class_list":["post-20287","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-jeff-clark"],"acf":[],"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=20287"}],"version-history":[{"count":0,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20287\/revisions"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=20287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=20287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=20287"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=20287"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=20287"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=20287"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=20287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}