Newsbeat Live Show #346: How to Catch a Falling Butcher Knife – T3 Live
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Newsbeat Live Show #346: How to Catch a Falling Butcher Knife


You're not supposed to time the market, right?

You can't catch a falling knife, right?

Wrong.

At times like yesterday — when other traders overreact — the odds go in your favor.

Early yesterday, Mark said the market was bottoming out, and that he wanted to buy in the last 10 minutes of trading.

In fact, Mark's goal was to buy at 3:59 p.m. yesterday and be up money by 9:31 a.m. today!

However, Mark did sneak in and buy some QQQ calls when it was trading at $170.

The QQQ's are now trading around $171.21 for a pretty fast gain.

He also picked up Facebook (FB) and AMD (AMD) calls at day's end.

Facebook is flat, but AMD is already up about 50 cents today.

Now, there's no way of telling how all these trades will work out by the open.

And who knows what headline hits next?

But things are looking good so far — and that's the power of keeping your head together when there's fear in the air.