%% LOL exactly\ SPY is up for month/ up for week.SH up ticked some/ sorry i only got partly filled. QID up some good today, but that's a bear profit for short term traders, that got in today .............................................................. TQQQ ? Have to wait until the end of month to see what OCT does[Edit capital markets are not gambling@ all, but if OCT close$ up for this FRI week, maybe not a bear killer, but a brief bear hibernator LOL] NOT a prediction, not insured by any federal agency, as the AUM managers warn.
Not really. The "aim of the game" is to "recognize the significance of and react quickly to what you see". Predictions of all kinds are less reliable and higher risk. (Of course you can anticipate TSLA's earnings will be well-received and the stock rally... but that's a risky guess. What if earnings disappoint and guidance is even more negative"?)
Well it is what I said, but it's easier said than done. It's what makes the market, you think it will go up you go long, I think it will go down I go short, etc etc. I am still not sure how you do this though, hence why I wanted an example of a recent stock trade. I also get there will be no right and wrong for some, what works for you might not work for me. Just happy to hear people's ideas on this with some examples.
You learn Price TA so that you can see what the market is "telling you right now". (Market my change its mind soon... but that's a different decision.)
It's not a matter of whatever either you or I "think" the market will or should do... it's a matter of recognizing what the market indicated... and our reaction to it.
%% He is right on ''aim of the game'' make a profit\ but i seldom if ever react quickly to SH. OCT or MAR would be about the worst months to try to predict, due to roller coasters...................................................................... Best way= if i lost money on SDS+ i have not lately; do spy or SH. But that$ only if the aim of the game is to make a profit. If you still gamble, gets some horse sense/ that'$ what keeps a horse from betting on a track meet/\, NOt a prediction or gamble
I don't mean to be condescending... but if you don't already know what it means for "the market/price chart to have "indicated", then you need an upgrade to get to "square one". I'm not teaching "from ground zero", sorry. It's now and always has been... Buy Support Sell Resistance Chase Breakouts KISS, baby! That's it! (And for you long-timers... haven't I been saying this for YEARS? It's still the same.)
You don't seem to be listening. I don't need teaching, no thank you. But I would like to see an example of a recent trade you have done using your method. That's all! If you don't trade or don't have one just say. I don't need anything else. Just people's ideas/thoughts and examples of course
If I posted trades, I'd have to explain the context to have any meaning. Not gonna do it. I've already directed you to the best fishin' hole. I'm not going to also bait your hook and cast your line for you. Should do some of the work yourself if you want "the big money".