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Nah, I don't mean making or losing money. I had some good trades and many scratches this week, both on the way up and down, as usual. What I mean is that normally I have a good sense of whether we're trending or range-bound (then I make money or not based on my execution, timing, luck, etc.)...

Or maybe this is a CAPITAL V and we go up another 100 points :D I'm not reading well this market :(

These couple of days are being kind of crazy, I've had to widen my stops and reduce size, otherwise I get stopped out even when I'm "right", so don't be too hard on yourself.

70 points in one hour! IMHO bargain hunters in Tech, as Tesla, Nvidia, etc. hit 20% correcction point. But who knows

OK. Do you enter sitting on the bid or hitting the ask on upward momentum?

OK, we're *probably* oversold. But buy with what stop and target? If you're going to be taking 15 points of heat (so far), what's your target?

I'd say for now we're in sell the pop mode. No need to be a hero and buy the lowest tick if you want to go long, in this environment it may be better to wait for a green bar somewhere. Not investment advice, blah, blah, blah :D

OK, so I was dead wrong :banghead:

When it comes to statistics, I trust you more than I trust myself. But Schizo said "more than 2%" ;) 21st February 2023 SP500 fell *exactly* 2%. https://www.forbes.com/sites/dereksaul/2024/07/24/sp-500-slides-2-worst-day-since-2022-as-magnificent-7-sheds-almost-800-billion/ Then of course...

Do the "idiots" make money?

Actually I'm kind of relieved. Finally a normal bad day like in a normal market. How many people went long at that overnight gap? TESLA taking it in the chin balls -12%, Google not seeing yet the fruits of AI... people wondering if Nvidia will miss estimates or lower forecast... A normal bad...

December 15, 2022 Only posting this because our resident statistician @Laissez Faire must be on holiday :D

Maybe. Or maybe we were overbought, people are taking profits off the table and we correct a bit more. Oh, and AFAIK the threshold for hyperinflation is ***50%***... ***monthly***. What's the rate now? 3% yearly? Come on...

Show-off... :D JK, congrats :fistbump:

Come on, you're a fearless bear! :strong:

GOOG 7% up and down in minutes :D

It's great to see that you've adapted to the changing market so quickly :thumbsup:

Good move

Ok, nicely seen. If I may ask you a question: what makes you go from V-fan to the sky is falling, everything has changed and back to the V lately?

We're up 0.5-0.8%. It doesn't have to be a red bar or a V, it can as well be a lateral range.