After seeing how hard — and fast — the market has rallied, could a market pullback be on the horizon?
Scott Bauer believes there’s a likely chance it could happen…and he would actually welcome a potential selloff.
He went on the Cow Guy Close show this week to discuss why a market pullback might not necessarily be a bad thing, and the types of trading opportunities it could create.
The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes only. All content reflects the personal opinions of the coaches and should not be construed as specific investment advice or recommendations. Any examples discussed are illustrative in nature and do not represent actual live trade signals or instructions to buy or sell securities. Trading involves risk, and individuals should carefully evaluate their own financial situation before making investment decisions.
Scott and the Cow Guy cover:
- What Scott is most comfortable about if a market pullback occurs
- Why he would be confident about buying in a potential selloff
- How traders can take potential advantage of a market pullback
- Separating the “trader” and “investor” mindset
- The importance of having a long-term outlook in a near-term selloff
