Within the last month, a couple of predictions have emerged regarding how they market will be in early 2021. John Paul, founder of DayTradeToWin.com has said that he expects a big sell-off to occur in early January 2021. Below, you will find two more videos mentioning this prediction.
What is a sell-off? It’s a sustained period of bearish activity. In other words, a “great fall” in the markets. It’s not exactly a crash. A crash implies less control (i.e. a disastrous free-fall), whereas a sell-off is more of a series of thoughtful actions or consequences via controlled market mechanisms, trading, or business strategy.
John Paul says it is possible for regular “intraday” traders to capitalize on the anticipated sell-off, providing they have the right signals and trading systems. He points to the DayTradeToWin Atlas Line and Trade Scalper software specifically for finding short (sell) trades during a sell-off. Recognizing a sell-off can add an additional level of confirmation. And as a trader, are you not always looking for an extra indicator of confidence?
In the December 31, 2020 trading video above, you can see how the Atlas Line helps confirm anticipated price direction and can lead to profitable trades. Though there is inherent risk in trading and hypothetical performance is not indicative of future results, you can get a sense of how the signals appear to inform traders of a potential favorable condition in the near future. For instance, in the thumbnail image, you can see how there is an Atlas Line Long (buy) signal. Price continue moving up afterward. This should have led to a reasonable profit target being hit, thus a profit.
Normally, trading New Year’s Eve and Christmas Eve is best avoided. These are times to spend with family and friends. And if you must trade, because the big players tend to be away, there may be unusually slow periods. When these slow periods occur, the market can suddenly chop back and forth without any clear direction. This makes it extra difficult to trade. Fortunately, trading systems such as the Atlas Line and Trade Scalper can add “clarity.”
If we go further back in time, we see another video where John Paul predicts a January 2021 sell-off. What is your opinion? Do you think it will occur? There may be many headlines as we switch from one U.S. president who has been quite controversial to another, who also is involved in some controversy. We’re living at an unusual time where the world is trying to mitigate a contagion. This has set up a number of complexities at a time when the greatest number of people on earth exist, where all sorts of organizations, companies, and governments want to prosper, which can be disadvantageous to various populations, some of which do not have the means to grasp any portion of the picture. Also, there is the mindset of going into a new year and expecting change. Maybe that will happen. So when it comes to the markets, we have so much reason to expect some turbulence.