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How I’m Preparing For The Next Market Crash
If you’ve ever read Douglas Adam’s Hitchhiker’s Guide To The Galaxy, you’re familiar with the term “DON’T PANIC!”
After the recent drop in the market, you may have been asking yourself, “what am I going to do?” or “what if it happens again?”
What should you do when and if the stock market crashes… again?
There’s one incredibly important thing to remember:
Always follow your plan!
What am I doing now to prepare for the next crash?
Let’s talk about what happened this week in my 20k account.
In this account, I’m using my PowerX Strategy to find my trades.
Using my trading plan, I take the trades that the PowerX software recommends.
Out of those trade recommendations, I ONLY take the trades that fit my plan.
As of today, the PowerX Software recommended 70 trades total. 31 of these trades matched my plan and 22 had order fills, or were executed.
