so no one can make money..... so everyone loses.....and money disappears into thin air..... are you kidding me this is a zero sum game. yes most people lose but most people lose in everything all activities.......... if everyone succeeds then no one is succeeding
Yes - anticipate the bears would be swarming to short this index as price had broken below the 3 1/2 year up trend line. Entered a small position on the right shoulder support. When price & volume confirmed the breakout from the congested zone above 11146 added on size. Still a lot more upside potential. Those that know how to use charts & have sound risk mgmt have a distinct advantage over the bewildered heard.
Yikes, once again jumping to conclusions and strawmanning. What do you mean “no one can make money” who said that? What do you mean “everyone loses”, who said that? What do you mean it is a zero sum game. No it isn’t. But can be. But generally isn’t. Who are you even talking to?
You clearly don’t know much of what you do if you don’t even know the name of it. You thought you were doing TA the whole time? Exactly what is it that you do?
You have yet to cease to amaze me. Are you guys...high? Did you know smoking marijuana and the subsequent increase in dopamine levels make you more susceptible to seeing patterns in the clouds? Ping: @comagnum
You do, you just have yet to realize it. I'm laying in bed, dumbfounded. CNBC has a handful of "forecasters" on air confirming and denying price action - lol.
3. To foresee... 5. "to act before" implying possession of future knowledge that you're taking advantage of prior to happening. 6. to look forward to as certain.
Anticipate as applied to trading is to plan your trade in advance - for example a congested zone with a recent bull trap is ripe for a plunge on a breakout from the lower boundary. You plan your trade in advance - if price moves through your anticipated level with adequate momentum that is your confirmation. Welcome to professional trading 101 - this is how it is done. Class is over for now.
What makes you believe it is ripe for a plunge? Backtesting confirmed this so you predict such circumstances will continue to occur in the future? Oh yeah Goldman's trading desk runs this strategy daily, they're up ... wait they're not up, they know they'd be DOWN deploying this pseudo nonsense over the long run. Fortunately for you, smart money is busy doing other things and you can make hundreds of thousands, if not millions.. in fact, i'm sure you have made millions using this verryyyy reliable trading strategy that everyone and their mother, father, sister, brother know of. Edit: You need a black-box like RenTec, right now it's a see-through box.