Is market pattern changing?
- Thread starter Elison0
- Start date
No major change.
2 years ago, the market was moving.
Now it is moving.
Tomorrow it will move too.
2 years ago, we
buy low sell high
sell high buy low.
Today ....
Tomorrow ...
2 years ago, the market was difficult to trade.
Today ...
Tomorrow ...
2 years ago, product A moved and then stopped moving. So we traded product B.
Today ...
Tomorrow ....
etc etc etc etc etc
%%
YES;
2022 was mostly a SPY bear trend.
2021/2023 have been mostly uptrends above 200dma.
SEPT \SPY sells in 2021\2022\2023.
QQQ/ still above 200dma.
“The pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.”
~Jesse Livermore~
May I add that underlying all markets is human nature, and that is what determines the ups and downs of markets; not necessarily reality. It's possible, and it does happen, that human perception can align with reality, but that's uncommon. Those who can understand this and know when perception and reality are wide apart can take great profits from the market. George Soros would be an example of one such person. And there are others of course. Most of us, because of our inability to overcome our innate nature, can not do this. The first step is to recognize our innate nature.
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Greed and fear are the bedrock of human nature. Unless there are only trading bots, that will likely never change.
I never hear it because I don't read where were they advertised trading s*** I mean if you know what you're doing you really need advertising