its finally monday and look at what happened today.... tells you a lot on spending too much time on twitter and listening to random users who dont know shit either
consensus on twitter seems to be:
1)we reverse back to gap
2)many tech stocks seems overextended
3)the move up was simply because of shorts covering....
4)monday will be red
Perhaps this is what you call a hated rally?
I agree that war hasn't been solved yet, but you can't just ignore what the market is telling you and stick to your bias...
@taobanker agreed, thats what I'm thinking too, this war isn't about if Trump will retreat or not, it's more about the reopening the strait of hormuz and without this like you said nothing has really changed, but still allocated a tiny portion just in case it was actually the bottom
@taobanker me too im complementing this, I'm still bearish but still went against my own reasoning and got back into certain positions, maybe my own bearish bias has been overextended... and I mean bottoms aren't supposed to be obvious right?
@marketbuyonly when did everything start to work out for you? Was it after leaning a particular concept/developing your edge, or was it all just trial and error?
we are all so blinded by greed that we sometimes tend to forget there are real human beings dying on the other side.
crazy how markets shaped the way we think about geopolitical tensions as opportunities to make money.