I see a lot of posts justifying the bear case. I saw this
mindset among retail traders after 2009. For several years after
many were waiting for the market to drop AGAIN but other then
normal pullbacks it didn't. I was one of those traders. Thankfully
I learned from that expensive lesson. Hope I can make one person
consider this for their own financial well being.
The trend has YET to change - trade what's in front of you.
Hedging is like insurance - I collected big time on QQQ
overnight. Use what works for you and refrain from using
bullish or bearish which is meaningless.
yep GBTC bounced off that lower triangle trendline. If it's a
coil forming it honestly needs more oscillations to complete it , I
only see abc so far, need to see d and e before it's complete
I see a lot of
Posted by tgo5043 on 28th of May 2020 at 09:39 am
I see a lot of posts justifying the bear case. I saw this mindset among retail traders after 2009. For several years after many were waiting for the market to drop AGAIN but other then normal pullbacks it didn't. I was one of those traders. Thankfully I learned from that expensive lesson. Hope I can make one person consider this for their own financial well being.
The trend has YET to
Posted by steve on 28th of May 2020 at 10:21 am
The trend has YET to change - trade what's in front of you. Hedging is like insurance - I collected big time on QQQ overnight. Use what works for you and refrain from using bullish or bearish which is meaningless.
Perfect call on GBTC :)
Posted by profmel on 28th of May 2020 at 10:23 am
Perfect call on GBTC :)
yep GBTC bounced off that
Posted by matt on 28th of May 2020 at 12:18 pm
yep GBTC bounced off that lower triangle trendline. If it's a coil forming it honestly needs more oscillations to complete it , I only see abc so far, need to see d and e before it's complete
cant agree more...
Posted by arun on 28th of May 2020 at 10:11 am
cant agree more...
Words of Wisdom. TY Mr.
Posted by profmel on 28th of May 2020 at 09:48 am
Words of Wisdom. TY Mr. Market humbles us all but I'm VERY THANKFUL to have Matt & Steve at the helm. Keep up the excellent work, guys!