Ep200: Inside Bars Are Lying To You, And The 'Wall Of Wins' Is The Fix
Summary
The host discusses breaking his own rule by trading a false inside bar breakout, noting that recent market action has been characterized by narrow ranges and low volatility. He highlights the Dow's sharp decline and the VIX approaching key levels, reinforcing his outlook for a mid-September bear market. Despite the dull price action, the host emphasizes that premium selling strategies remain profitable, sharing his pre-market trade execution and celebrating recent wins from community members.
Topics discussed
Broke rule on inside bar false break
Market analysis: narrow ranges and low volatility
Dow Jones leading the market lower
VIX levels and mid-September bear season
SP and Russell consolidation patterns
Russell chart review and inside bar patterns
Pre-market trading strategy and execution
Profit targets and the CMAT rally
Community results and premium wins
Systematic approach and process consistency
Software tools and closing remarks
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