The market tanked over the last 24 years right when the Fed begin lowering. They only lower when they broke something - not as gift to the stock market. This chart link below is more detailed.
https://www.crystalbull.com/stock-market-timing/Fed-Funds-Prime-Rate-chart/
Yea, we have had the largest rally since the 80's without a correction.
A big rally in anticipation of Fed pivot is normal, so is a plunge when they begin. Maybe if they lower real slow it won't be so bad - I would not count on it.
Assume your friend will lose all your money than rob & kill you.
From watching many ID channel episodes the day traders end up cooking the books pleading for more cash until they rob & kill their investors.
Been through a few -10% Index days. Was holding max size swing positions with some profits going into flashcrash - my broker recognized the quotes were bogus and did not let my stops take me out.
How about the flashcrash on BitMex the other day?
the other day?
We already had them - remember all the SPACs? We have already seen speculation at a fevered pitch - crap stocks being bid up the moon, even bankrupt companies.
I like it. The law of large numbers + edge with relentless execution. If your an active trader you can be green 80% of the days, despite having a 25% WR.
Bear/bull traps are the bread & butter for seasoned traders. They can be found in all time frames & typically have awesome R:R. I post the chart for others to see what I am talking about.
Its not easy to have a low win rate & larger targets. Your can be just as well off having a lower R if you take more trade setups. More than 1 way to skin a cat.
Many traders are gambling leveraged to the teeth & in flight or fight mode as if their life depends on the trade they are in - letting losers run & cutting winners.
Long term winning traders are the casino, patiently letting the law of large numbers make their edge prevail over time. Their...
Avg 25.9R per winning trade is excellent. The 25% win rate & small avg loss makes this possible. Noobs/scammers always claim a win rate rate of 80-100%.
Seen a trader doing something like this backed with broker records - risking 2-4 ES ticks to make 6-7pts which gives you 24-28R & about the...
From richest in the world for his age to being among low life thugs that will rape, stab, or even kill for a few dollars worth of Ramen or a Twinkies.
His sentence 115 years is over the top. Maybe a future president will Pardon him. Trump pardoned a bunch of gangsta rappers - so you never know.
NVDA had strong relative strength when the indexes were still at their 2023 lows. The channel had a bear trap, got to rinse out the weak longs & lure in the shorts before breaking out of the channel.
* I was not in NVDA for this move. *
I like panics, crashes, mayhem, breakers, etc. This is where the most opportunity is.
With all the algo/quants these days & years of complacency the next dive could be really breath taking.
A catalyst of unexpected news/reports, is the best way to get highly directional moves that can run for days with only small pullbacks.
Breakouts from multi week to months of price consolidation or constriction can make for large directional moves.
Catalysts works best with stocks since there...
Here's some food for thought: a quote from a Japanese retail trader that turned a small acct into $300M.
"There is no trade more beautiful than a well placed stop loss." CIS