Monday morning, we all woke up to an internet nightmare.
A major Amazon Web Services (AWS) outage disrupted access to many popular websites and apps, including those used by banks, airlines, media outlets, and delivery services.
And brokerage accounts!
Yes, it was seemingly a catastrophe… It made all of us realize how heavily everything we do, every day, depends on just a handful of cloud infrastructure providers.
Everyone panicked. But to me, it was just another opportunity!
Speaking of opportunities, I hope you’re on top of the trading goldmine that comes each Monday morning…
Don’t know about it yet? Let me explain…
Every Monday, the market kicks back into gear after its weekend nap… and that reset creates a unique opportunity.
As the first session of the week gets started, there’s a specific pattern we look for that appears again and again with uncanny consistency.
And it has given us some unbelievable gains!
Take this past Monday…
After announcing positive drug trial results, Replimune Group Inc. (NASDAQ: REPL) surged over 130%!*
We hunt for these kinds of Monday morning spikes every single week.
Now it’s time to learn how to spot them for yourself…
Watch the video below for the full trade breakdown and strategy tutorial on my Monday Setup.
Yesterday, most of us couldn’t make a single trade…
And guess what! That was a great thing!
Table of Contents
There’s No Trophy for Overtrading
Here’s something I want you to write down and remember: You’re still a trader, even if you don’t make a trade today.
Skipping a trade doesn’t make you weak. It doesn’t mean you’re slacking off…
In fact, it often means the opposite.
That’s how real traders survive long term. They don’t chase noise. They wait for their moment.
When Sitting Out Is the Smartest Move You Can Make
You might be fired up… Your watchlist is loaded, the chat room’s in full hype mode, and everyone seems to be jumping into trades left and right.
Meanwhile, you’re sitting there thinking:
“Maybe I should get in. I don’t want to miss out…”
Or maybe the market’s been choppy and unpredictable, or in freefall like it was two Fridays ago, and you’re not sure if it’s the right kind of day to trade.
This is exactly when you need to pause and ask yourself a few critical questions:
- Am I focused and following my plan?
- Is this just FOMO talking?
- Am I trading with confidence, or just reacting to the market?
If you can’t answer with 100% certainty, step back.
On Monday, when access to information was limited at best, sitting on the sidelines wasn’t just smart… It was the only move that made sense.
Patience Is a Trading Strategy
Every morning, I build a detailed watchlist, set alerts, and know exactly what price levels I want to see before even considering hitting the buy button.
And guess what?
If the stock never hits that level, or if something feels off, I don’t trade it.
That’s not a missed opportunity. That’s a wise decision.
Because the moment you start forcing trades just to feel busy or involved, you’re just gambling.
Even the Greats Know When to Stand Down
Jesse Livermore, one of the most legendary traders of all time, once said:
“There is a time to go long, a time to go short, and a time to go fishing.”
That quote is pure gold.
Livermore understood that the market doesn’t owe you a trade every day.
Sometimes, the highest-level skill you can master is knowing when to sit out and protect your capital.
My Final Thoughts…
This game isn’t about the number of trades you take…
It’s about the quality of those trades and the discipline behind them.
Here’s your checklist for every trading day:
- Have a plan.
- Stick to your rules.
- Don’t chase hype.
- Don’t trade just to feel productive.
Because most of the time, when it feels like you’re missing out, what you’re really missing out on is a loss.
So trust your instincts. If something feels off, sit it out.
The market will still be here tomorrow.
And luckily so will your account.
Have a great day, everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade
P.S.
Want to be a swing trader? Read this first.
This is one of my favorite patterns to trade.
Earnings season is back. Learn how to trade it the right way.