📈 Counter Trading

This strategy is effective right now.

Counter Trading

A trading strategy that we have been employing over the last few weeks is staying away from breakouts in the market, and instead buying dips and selling into rips.

We’ve been seeing technical analysis become extremely important in the market of late - but in the way of respecting support levels as opposed to breakouts being showing follow through.

Netflix Trade

Yesterday, one trade we put on in the Alpha Chasers Community was calls in NFLX.

We marked off our levels ahead of time and were patient with our entry.

As a result, we were able to initiate a long position when the stock retested lows from the morning. From there, it never looked back and is up even more after hours.

Netflix was a great trading candidate because it is relatively insulated from tariff headline risk relative to other large cap tech stocks.

Conclusion

I implore you to think about the market differently right now than you would from 2020-2024.

It is not the time to be setting alerts on breakout levels and adding positions once resistance levels are flipped.

You will get wiped out if you do this. Instead, focus on identifying support and resistance levels and entering positions as stocks drop, and selling them into any strength in the market.

I walk through this trading strategy here: