It sucks when your favorite trading strategy turns sour.
Everything can be going swimmingly…and then out of nowhere…BAM!
It stops working.
This happens a lot more often than you might think.
You see, many traders get complacent during bull markets, especially ones that last for a decade.
They forget that the trading environment can and will change.
And if you don’t adapt to the new conditions, you’re likely to get frustrated and start forcing trades.
The problem is not everyone knows how to calibrate to the new environment.
Thankfully, Karan Khanna has some words of wisdom for us.
Although he hasn’t hit that $1 million mark yet, Karan’s done well since joining my Millionaire Challenge in 2018, making over $250k.
However, he was closer to $300k at one point.
Yet, the strategies he relied on, mainly short-selling ideas from Tim Grittani, started to fail him in 2022.
Rather than keep pushing against a wall, Karan took a step back.
And that’s when his brilliant idea struck.
