Always during the “less favorable” periods in the market this quote passes through my head.
“Will you look back on this spot right now right here and tell yourself that you should’ve Traded More?”
No. In fact usually just the opposite. Most will say they wish they traded less, then only to trade less when the market is actually favorable because things are “extended”.
So ask yourself that question!
Asti wants to know which years in the past are most statistically similar to 2026 so far (after 121 days, roughly the end of June).
In order:
1) 1978
2) ***2007***
3) 1968
I'M SORRY, DID YOU JUST FUCKING SAY 2007?
I did yes.
OH. OK. COOL.
@OddStats Wow, this is interesting! 1978 also had “historic April buying panic”, 4 months rally, then severe correction that erased all gains in the fall. 2007 no words needed.
$QQQ double top, holding 50MA for now, but each day more weak than the last, and today’s candle ugly. Expecting more volatility and wouldn’t be surprised to undercut 50 MA soon. All cash into the weekend. Day trades only in this environment: tight SL, quick profit taking.
@cfromhertz Do you count 9:30-10:30 as amateur hr? I learned from someone else till 10, but I have been noticing you’ve got to wait a bit longer lately.