In this week's episode, sprocket888 looks at the general market that has been sliding for about 8 solid weeks. The market has recently touched the definition of a bear market reversal of 20% under the previous high. The mainstream media and social media are filled with bearish news about doom and gloom to come. It is straightforward to get caught up in all this hype. It is just as easy to get caught up in this bearish hype as it is to get swept up in bullish hype too. This is why it is so important to keep well grounded and just DON'T panic. Blockhead traders always talks about having a plan and sticking to the plan. THIS moment is precisely why. None of us know when the pain will end, but it WILL end. This part of the trading is all about mental fortitude.

  • 00:00 Disclaimer
  • 00:20 Intro
  • 00:55 There is panic in the markets
  • 01:38 The bad news is ALL we see these days
  • 02:34 Just DON'T panic
  • 03:55 You PREPARED for this.....remember?
  • 06:00 Are you uncomfortable?
  • 06:50 Are you too focused on only one side of the story?
  • 07:36 What is sprocket888 doing?
  • 09:13 Timing the bottom is not a thing, don't tell yourself it is
  • 10:25 RBLX is my worst position right now, and it hurts
  • 11:59 Conclusion: You can only lose if you quit playing
  • 14:36 Outro

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