Buying a stock just because it is heavily discounted underneath its 200-day moving average is a sucker’s game. Retail traders love to brag about a low cost basis, but real alpha comes from buying assets that are actively trending higher. As Dan Fitzpatrick often observes, true trading edge requires personal discipline and psychology over complex indicators—otherwise, capital preservation is impossible.
Institutions aren't looking to get cute hunting bottoms; they ride the baseline momentum. Dan discusses how to align your execution with these institutional flows in his latest video, ahead of the upcoming price changes at Stock Market Mentor this June.
Watch the video here
youtu.be/-TSAX9FXERg