I guess people need to relieve stress
- Thread starter hii a_ooiioo_a
- Start date
Well, why? The point is not about having opinions, but about having flexible opinions. Last night, I was expecting a dip in the morning in SP and a pullback later on and I was even thinking about an up close. Well, we did dive in the morning and had a pullback later on, but about 2:30 I was not so sure about this up close and was considering a sell-off because of lack of upside momentum at that time. I thought it would not be big though. The sell-off did happen and it was bigger than I expected, even if I did not specify what I meant by that, but I must say that I did not expect the pivot to broken to the downside.
Both opinions were posted on this board, BTW. And they were only opinions...
So you see, if I held to my opinion from yesterday completely including the positive close, I would have made a mistake. The point is to know when your opinion is corraborated by the market, because if it is not you will see it in your depleted account.
Everyone has some opinion, you cannot trade without it, the most important thing is to know when your opinion is no longer correct.
People should be able to discuss differences of opinion without being nasty about it or being insulting to the other people
If they can't enter discussions with strangers without resorting to rudeness then they have a lot of growing up to do, no matter how much money they may have.