The second part is hilarious; Miss Big Bitchy Market never cares about your personal opinion or suggestions on how things should be. Miss Market is a bratty, chubby, spoiled, privileged little girl...and whatever she wants, she gets. it's her party, she can act the way she wants to. The quicker you realize this tidbit of market trading wisdom...the way better you'll be off.
Very good question, Noddyboy. Of course it does! The market is run by the guts of the populace, not by the brains of the intelligentsia! If the guts think it's overvalued, it's overvalued. End of story! Whatever the brain thinks! What moves the market is a bunch of primal gut feelings, not a bunch of rational thoughts! Think about what moves your intestines. Certainly not the left side of your brain!
out as planned at 2845 for another +14 never in doubt Probably better off holding it for new highs, but hoping to get in at a cheaper price (although I can now say, that I tend to get back in at a higher price abot 90% of the time as we don't tend to pull back and I don't wanna miss out on more free money lol)
L 2845 Downside looks to be over with. I'm still new to the platform and even though ALL 5 of my positions are now making money, i'm only making $160 over all which isn't much. Still getting to grips with position sizing. I want to be making at least $300 per week So adding another 5 units here at 2845 I will start to close postions down at 2880 area