The Biggest Problem With Trading Dead Cat Bounces
Channel: AccessATrader
Date: 2021-10-05

The bulls had a strong session today. Unfortunately, the bears reclaimed the 5MA.

Tonight we discuss why I'm 70% sell-biased for tomorrow, the biggest problem with dead cat bounces, & why I'm keeping an eye on AMC, Cloudflare (NET), and Affirm (AFRM).
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Dan is a proud father of 2 and creator of the simple and highly effective PS60 Trading Process. He shares his 20+ years of trading experience every day with those who are eager to become successful traders.

Dan has been in the trading world since 1998. He started his career at Generic Trading in NYC as one of the early members of the top prop trading desks led by his mentor and late friend – the great Mayer Offman. He ran his first office for Generic Trading in 2001. Through this experience, he realized the importance of risk management while running a group of traders. Generic was eventually sold to the Royal Bank of Canada. Years later, he led another trading group desk at Assent that was sold to Sunguard.

Dan has traded through the Dot Com era, 9/11, and the mortgage bubble. He has traded along side some of the top prop traders during his career and made lifelong friendships. All the experience and screen time led him to start Access A Trader in 2010.

Access A Trader focuses on Dan’s proven PS60 Process and daily education to help you find your edge, master your process, and own your future.

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