Live to bodyboard..bodyboard to live....better to have a short life that is full of what you like doing,than a long life spent in a miserable way. Alan Watts
It's a waste of my time looking for the underlying reasons for price movements - I just view it as buying & selling.
And anyway, it's not like you get awarded bonus profits for getting the answer right.
I'd rather focus on what I am doing in response to what price is doing.
Over the Past few weeks seeing ppl argue like kids over who is right vs who is wrong, makes me sad...Trade your system to a T! No One can predict the moves 100%...if ur system has a + Expectancy then that's what matters. #lawofLargeNumbers
This is what most traders fail to see. And it’s one of the most important... The Results: overall 21 trades were taken 13 of those trades were losers and 8 of the trades were Winners. 23 win units vs. 13 losing units = +10 units if each unit = $100 you made +1,000. Only 34% right
Kick off the 4th Quarter with a free view of our Weekend Review Video! Covering new moves for our accounts and some setups to watch $GWPH $CAT $JAZZ $AMZN $TSLA $TWTR $MDSO $MTDR $XLF https://t.co/sYseLOYzyi
Some want to try to "know" what is going to happen tomorrow, next week, next year, via predictions, market calls, price targets & noisy charts.
The only thing I know is I have positions and exits - that's it.
Markets go where they go.
Don't trade off predictions.:
1. the market doesn't care about them
2. those making them really don't know what will happen
3. those making predictions will claim genius for the ones they stumble into correctly and sweep the failed ones under the rug
-Develop your own process