That might be true, but the reasons are sometimes based on fundamentals and other times bull shit. This is why market movements are temporary, often a game of Liars poker
When one door closes, another will open, but standing in that hallway can be hell. You just have to persevere. also, PTJ
very few know what triggers the algos, i don't. but once they get started ..and right HERE the air is very thin;gasping for breath IOW, i expect a free fall
I first decided I had to learn discipline and money management. It was a cathartic experience for me, in the sense that I went to the edge, questioned my very ability as a trader, and decided that I was not going to quit. I was determined to come back and fight. I decided that I was going to become very disciplined and businesslike about my trading. Paul Tudor Jones