Be careful today- could be a big reversal to the down

Me and you only know how to day trade day to day. Well you do, me not so well. interesting day.

 

I was 100% correct for exactly 1 hour.
Seriously, i stand by what i said to “ be careful”. More careful than normal.

 

Be careful is not a trade. Or if it is a trade it means sell which is wrong.

 

True genius.

Again, I ask of you: "where is the path of pain?"

 

With every retail and their granny leveraged out to the max and scrimping on breakfast to buy calls, that's an easy one. And when it comes, it'll be as rough as 40-grit sandpaper in place of Charmin. The only question is when.

 

The problem with investing is that investors (and politicians ) fear big reversal down.
Traders don't fear that. In fact, traders welcome that.



So very important to know how to day trade.
whether market continue to go up or down,
or market reverse direction,
traders can earn $$$.

 

What is a reversal?

 

market change direction or market make U turn.

Take for example yesterday NQ.
first 1 hour when US stock market opened, NQ went down.

subsequently price reverse direction, and price went up.

 

It did it again today. Frikin' NQ.

 

Bingo.
But thanks for the headup, tho.