In this episode, Brian Montes discusses the recent dramatic sell-off in the stock market, analyzing the factors that led to the decline and emphasizing the importance of having a solid trading system.

He examines market sentiment, geopolitical risks, and the importance of position sizing and stop-losses in swing trading. The conversation provides valuable insights for new traders on how to navigate volatility and maintain discipline in their trading strategies.

Brian discusses:

• The recent sell-off was triggered by geopolitical risks and overbought conditions.
• Market sentiment can shift rapidly, resulting in significant volatility.
• Having a trading system is crucial for managing risk during market downturns.
• Position sizing should remain consistent regardless of market conditions.
• Stop losses are essential for protecting against large losses.
• Taking profits along the way can help ensure overall trade profitability.
• It's important to step away from trading after a significant loss to regain perspective.
• Market internals were weak prior to the sell-off, indicating underlying issues.
• Gold and cryptocurrencies also reacted negatively to the market sell-off.
• Traders should remain disciplined and adhere to their trading systems during volatile periods.

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