Major rally in beginning of year- suck in all the idiots that think this recent sell off is just a buying opportunity of a lifetime. Then around June or possibly earlier in 2019, we will start selling off again and break these recent lows.
No way jose. This baby driving hard north rest of year except for minor corrections. Fundies drive the market. Tech determine the actual path and carve it out in the jungles.
My goals are : 1. Move from sim account to live cash account by Feb 2019. 2. Produce intraday trading profits of $2000 to $4000 per month. 3. Mentor/help/encourage anyone who is passionate about trading and making money. 4. Work/study my aas off to accomplish goal #2. I predict the stock market ,SP500, will rise this year and end higher.
Trading edge formula: Every trading strategy, investment method, track record that has, is and will be boils down to this formula: Trading edge = Win% *Avg Win% — Loss% * Avg Loss% This is also known as gain expectancy. This is just another fancy way to say average profit. That should be Everyone’s goal in this business every year.
The sun generally rises at 6am and sets around 6pm There is about an 80% chance your obvious prediction is correct. Crude oil will trade in a range between 32 and 70 this year. I predict my medium cheeseburger will be slightly pink in the middle.