What are you exactly talking about? Shorting the market, which you don't agree with, is considered a "secret"? Do you then consider making money by shorting the market when the opportunity shows itself as foolish, while staying with your long position while the market is tanking as wise?
I was not talking about you. traders look for 'secrets' brooks is always talking about what the other traders are or would be doing. that is one thing I learnt...…from him. also get a feel of what the market is doing-is it bullish or bearish action- rather than concentrating on pivots ema resistance and support...…..
No worries, I didn't take it personally. But my question still stands. Why would you not go short, or at the very least, get out of your long position when the market drops?
This is a good thread. IMO, C&H-type pattern forming. Sideways action for rest of the week barring some Trumpian amazing news. Next week is a new week.
oh I would but a long term investor may not. i have a friend who is invested in Dow from 8000 points and holding still I was just discussing charts theoretically.. and on large time frame.....