It's enough to just watch the index edges on a 1 minute candle! Don't think my brain would agree with compositing indexes ..
lol
Is trading easy?
- Thread starter nooby_mcnoob
- Start date
lol
Nope! You want to know what Apple's next 1 minute candle is going to look like.. (more or less) you look at the NDX..
I don't trade stonks period and could care less.
Stocks move the index. The index does not move stocks.
Did a little chart "experiment" if ya want to call it that. Put AAPL (black and red candles) and $NDX (red and green candles) in same chart window (had to make it 2 minute bars to fit screenshot) without scaling and as expected they shadow each other for the most part. A little bit of dog and tail, which one is wagging the other changes often. But I noticed something else in today's price action. See if you can spot it? Or anyone else?
Literally everything follows, and traces, the broad market index, SPX/NDX,DOW,
Except for penny stocks, and every other little weird thing that's sh8t.
People should forget individual stocks, companies...and just learn to master, trade, the broad market.
If someone can do that daily, in and out, they can get nicely rich and comfy in no time.
Of course, though, it's easier said than done. and the devil is in the details,
AAPL seems stronger relative to NDX?
I'm somewhat of an expert on coloured bars you know
