Veteran Trader Who Called Recent Crash Reveals How He’s Trading This Market | Nick Santiago

Professional Trader Nick Santiago is on record in January 2020 saying that traders and investors need to exit their Dow and S&P500 long positions as his analysis of the charts told him a sell off was on the horizon.  In this interview, Nick shares how he has traded the gold sector in the past month and why he is now long GDX.  He also shares possible companies to trade amid the COVID-19 crisis.

0:15 Introduction

1:25 What does today’s market remind you of?

2:19 Nick called the recent stock market crash

4:17 How have you played the gold sector recently?

7:19 What was your first, big successful trade?

10:25 How is trading different than gambling?

11:44 Can your trading beat the algorithms?

12:22 Good sectors for swing traders now?

14:03 Are you long DOW & S&P500?

14:40 Is this a professional trader’s market now?

16:19 Possible good trades related to COVID-19

17:11 What does InTheMoneyStocks.com offer?

Nick’s website: https://inthemoneystocks.com/

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory.

After applying his knowledge to his client base and meeting his personal monetary goals, he decided it was time to begin teaching those interested in learning his trading and investing methodology. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.com and realize his dream of educating others about the truth of the markets. He now co-heads the education department at InTheMoneyStocks and enlightens thousands of members, along with providing consulting services to hedge funds and institutions.