Every trader needs to stop looking at Econ #'s or earnings . Its meaningless

Discussion in 'Trading' started by hafez50, May 7, 2020.

  1. hafez50

    hafez50

    You need to wake up every morning with your head clear and react to what wall street says . Follow whatever are masters tell us .Its kind of like being a good samaritan saving somebody's life and being sued . Throw all the bs away and trade the movement up or down. When you try to be too analytical you won't make a dime .
     
    Spooz Top 2 likes this.
  2. 41% of the S&P is Technology and Healthcare. Add on trillions in stimulus and Zero interest rates.
    Just the Fed blowing yet another bubble.
    What could possibly go wrong?
     
    Spooz Top 2 and Cuddles like this.
  3. wrbtrader

    wrbtrader

    Watch whatever works...stop watching whatever does not works. :D

    wrbtrader
     
    smallfil and maxinger like this.
  4. gaussian

    gaussian

    While you're at it stop trading based on what candles do on a chart.
     
  5. smallfil

    smallfil

    The market can be irrational longer than your last dollar. You think the Wall Street Sharks (hedge funds, mutual funds, banks, brokers) care about your opinion? They will be happy to take the last dollar you have and not even blink. Stupidity is doing the same exact thing and expecting different results. You have two choices: 1) follow the ET trolls and believe their lies and BS and lose all your monies or 2) Use your head and place good trades and line your pockets. A lot of smart traders will become rich in 2020. Are you going to be one of them? Or would you still be stuck following the BS and lies of ET trolls? They are good for laughs and entertainment because that is all you get out of them. So, which is it going to be?
     
  6. Overnight

    Overnight

    You mean insanity.
     
  7. BAT31

    BAT31

    I heard the following quote from someone, I can't remember who:

     
  8. Grantx

    Grantx

    How else do you do it?