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@wahlstedt007 It’s fantastic here. Hope you are enjoying your turkey homies in your land😂😂. Get back to work cause your government needs to support them.
@CensoredHumans What’s bruatal about it. Bush was democrat undercover man. Fake republican rhino, that sold out America. I agree Iraq war was too long. Waisted 20years.
Most people think preparing for a bounce in a bearish market is irresponsible. I think starting the process early is what separates you from the crowd that's always one step behind.
If you're short, you need to know when it might be time to cover. If you're getting very bearish, you need to understand it's usually a bad idea to short in the hole. And if you're trying to buy the bounce, you really need to check yourself. Do you actually think the market is just going to hand you an easy entry? It's not.
What usually happens before a bounce: the market shakes you out of your premature, oversized position, then leaves without you after you panic sell. That's by design. These aren't clean, comfortable entries.
If you're not a tactical trader, the simplest move is to sit on the sidelines and wait for the shorter term trend, something like the 5 day moving average
(purple line), to flatten out and start turning back up. That's your signal that the shorter term conditions are potentially shifting.
If you like to front run, you have to accept a few things. You're going to be starting a position when everyone tells you it's stupid. It's going to feel awful. Of course it's not going to be a comfortable transaction, that's the whole point. To make it manageable, you size down in elevated vol. You can always add when conditions improve.
The real pain isn't being early and wrong, that's manageable. The real pain is watching a lockout rally rip without you and feeling forced to chase. Fight that urge. If you miss it, who cares. The market is not going anywhere and It will setup again.
@casbeataol We don’t have to prove anything. And besides we have jobs, business that we own, houses and familes to take care of off, un like you dems that don’t own anything , done have job and kill babies with abortions. Pound a sand looser.