it might take a breather here.
Market Rally Has Gone too Far, too Fast!
- Thread starter HeSaidSheSaid
- Start date
Simply go and do day trading.
Day trading and meditation are very similar ;
Just focus on the present moment.
Don't bother about what has happened yesterday or in previous days.
Don't bother about how fast it has gone up recently.
Don't worry about the future.
So for tomorrow, it will be another new day.
When tomorrow comes, we focus on that day.
And that is day trading.
Peace be with you / Ahmitabha
Day trading and meditation are very similar ;
Just focus on the present moment.
Don't bother about what has happened yesterday or in previous days.
Don't bother about how fast it has gone up recently.
Don't worry about the future.
So for tomorrow, it will be another new day.
When tomorrow comes, we focus on that day.
And that is day trading.
Peace be with you / Ahmitabha
maxinger - I assume you're a specialist type of trader who trades one stock every single day?
or you trade everything that moves?
or you trade everything that moves?
I trade various types of major futures from various countries.
This I can not stress enough. I personally feel the exact same thing. It is riding a huge impulse wave and correction is so imminent I feel. The pandemic isnt over yet and a vaccine is still not available and people are just riding on their impulse. Market will soon take a breather and will need to correct itself. Man countries are already preparing for a second wave some even a third wave and market seems to be unaffected.
Dunno about those waves.
2047 :
The 78'th wave is coming.
It's a second wave here for 1 month. 5x-10x more infections per day, comparing with March.
Noone cares anymore. People just wear masks (a must by law)
Will be very hard to sell same bs again. Unless they come up with mutation scenario and even that, is becoming outdated.
It's the days when BTC will be $1M.dont know about 78.
People should forget about the tech sector, - Paper industry, now that's the future. And ammo.
%%o
ONE year chart of DIA/udow,ddm \ looks bearish if not for November.
IF not for 4rth quarter strong seasonals, still looks bearish; but i got out of DDM in $40s/better uptrends to trade/invest.
NOT a prediction.............................................................