I definitively factor in seasonal influences with my trading - using price action to confirm before entering. I consider this a bit of an edge with swing & day trades.
Info alone is not an edge without the right mindset , good risk trade mgmt, & identifying potential trades with asymmetrical...
The Fed funds need to be at about twice the amount of inflation ( about 22%) to knock it out & revert prices back to their long term averages. The Fed Powell & is clueless - his printing to infinity caused this.
General Patton Quote - at the end of WW2 while in Germany.
"We promised the Europeans freedom. It would be worse than dishonorable not to see they have it. This might mean war with the Russians, but what of it? They have no Air Force anymore , their gasoline and ammunition supplies are low.I've...
I tried to place an order on the Kospi K200 & K200M, it was denied. I was able to place an order on the KOSDAQ150, this is the South Korean version of the NQ This index is highly correlated to the Kospi200 but has more volatility...
I have never seen anything in a book that really breaks this down. If you can understand this recent example your good to go.
The indexes were unable to find a bottom the Biotech sector had formed a base - this is relative strength. When the indexes rallied the biotech sector lead the charge...
1999 dot com bull interest was 6.5%, 2007 subprime bull 5.25%, & now even after a 'big hike' with interest <2% and the market plunges. That is the insanity the Fed/central banks have created.
Descending triangle breakout. The crowd loses hope as each rally makes a lower high, when the lower boundary is breached, its an all out stamped to exit.
Stanley Drukenmiller, the legendary macro trader that used to work with George Soros, thinks the USD may lose reserve currency status within 15 years.
https://bitcoinmagazine.com/markets/druckenmiller-usd-losing-reserve-status
Focus is better put on what you have control over like protecting the down side, do this & the upside takes care of itself.
Focusing on how much you hope to make tends to have the opposite effect.
https://theprolifictrader.com/focus-on-the-trading/
Some have lost millions to Crypto scams - the level of stupidity has to be at an all time high.
For a con to work - the victim has to be greedy & naive.
Prove to me that Technical Analysis Works
Sure, here you go..
The TA any trader uses will only be as good as the traders experience, instincts, and most importantly how strong they are with risk/trade mgmt.