Fu*k me. FU*K. Before continue reading, you must see the following video, it's a 15 second watch and i PROMISE you that it will be worth it. Corona virus, climate change, record debt and political instability will DESTROY the stock market It seems like the whole world is going to shit. Coronavirus, climate change, blah blah blah.... yet, the charts are telling a different story. Look at Netflix, Amazon... They are breaking out to new all time highs. Not to mention, the biggest market manipulator in the entire world is saying their stock is too high. Junk assets like Bitcoin are going up and looking STRONG. Even though i had been quite right, calling the drops and bottoms... I was pretty fuc*ing sure, that this was it and that now we are in a bear market and it will be nothing but down for the foreseeable future. What seems more and more like a possibility to me right now is... That the market has fooled us all. "Bull markets climb a wall of worry". Don't trust yourself, follow the price. There is no place for "you" in trading.... That's what it takes.
Fooled who? Anyone who's got 3 brain cells left to rub together realizes the market is only up because of the fed's pump. Permabulls eat glue.
No matter how I write this, its gonna come out sounding wrong... but dude... we were at friggin all-time-highs like 2.5 months ago. You need to slow the f down. You've got time compression bro. Adhd. Whatever. Give it a year and then start writing about things. Relax.
right. Don't trust the news, politicians, presidents, CEOs .... Only trust the chart. IN DAY TRADING WITH CHART WE TRUST.
It all takes time, we are in the eye of the hurricane right now... Even if infection rate goes down, I see people having fear to go spending their money as it used to be, e.g. shopping etc. Yet everyone thought when pandemic is over , all are goin back to work again. Truth is: who should hire you, if the client stays away...? This will stay until there is no real solution found.