what are the signs of reversal vs pullback?

Discussion in 'Technical Analysis' started by mute9003, Aug 27, 2024.

  1. schizo

    schizo

    So you have no issues when some idiot asks you the following questions:

    "How can I know when to get in just before price breaks out?"
    "Can you tell me how I can know when the price reverses at the exact top or the bottom?"
    "I don't want to learn about anything. Can you just give me a cheat sheet to get in just when the trend is starting?"
     
    #21     Aug 28, 2024
    HawaiianIceberg and zghorner like this.
  2. Are these titles of other threads started by mute? If not, they sound like they could be..
     
    #22     Aug 28, 2024
  3. mute9003

    mute9003

    When i was on car forums or computer forums i would answer people's questions repeatedly
    Because to me something might be easy to understand while to someone else it might not make sense because he doesnt have all the parts to understand the concept.
    But this forum seems to be mostly to boost your own egos by pointing out how you know so much about trading and noobs like me asking stupid questions all the time.

    But that was during times when people on forums actually helped others about 20 years ago or more.
    Im sure this forum was luke that in the past (most forums were, before helpful members left and forums died eventually or became useless)
     
    #23     Aug 28, 2024
  4. SunTrader

    SunTrader

    Platitudes don't work out over the long haul in trading.
     
    #24     Aug 28, 2024
  5. Just use chat gpt.
     
    #25     Aug 28, 2024
    HawaiianIceberg likes this.
  6. schizo

    schizo

    No need to be so modest. You knew where they originated. ;)
     
    #26     Aug 28, 2024
  7. schizo

    schizo

    Dude, I answered your "noob" questions on many occasions. I even went out of my comfort zone to drill a sense into that thick skull of yours but you only wanted to hear what you wanted to hear. You and @padutrader should jump in the same bed.
     
    #27     Aug 28, 2024
    PPC and HawaiianIceberg like this.
  8. zghorner

    zghorner

    First off, don't get discouraged...it's not THIS forum, it's trading in general that attracts an unusually high amount of ego. So just accept it for what it is and Keep asking questions.

    Second...you are being extremely Naive as to what it is you are getting yourself into. This isnt hobbyists discussing cars and computers...this is trying to take money from the most intelligent and competitive people in the world. Trading has to be one of, if not the hardest way to make money. People suffered through a tremendous amount to be profitable so don't expect to be spoon fed anything.

    Third, Tim Sykes is one of the biggest jokes in the industry...made his money from pump and dump schemes coperring suckers exactly like you. So I would very much suggest you look elsewhere for guidance on how to trade. There are levels to this shit...and trading pennies with Sykes has to be the lowest one possible. So first check your ego and humbly accept any advice people give you here with grace and humility.
     
    #28     Aug 28, 2024
  9. tomkat22

    tomkat22

    They do if they're tried and true concepts.
     
    #29     Aug 28, 2024
  10. The reversal is an upside-down V, while a pullback is a windsock shape with a much shallower downside.

    All the V shape rallies we keep getting are reversals back up, obviously!

    DIAGRAM.jpg
     
    #30     Aug 28, 2024
    comagnum likes this.