After an enormous pump the herd are always looking to catch the gravy train for one more pump when the party is over and thats how this game works.
Then they get very trapped but ease their conscience by buying more "knowing" the floor can't be too far away until properly rinsed, freak out and leave the market.
But imagine if rather than chasing free lunch dreams a trader went short every time NKLA hit the 200MA and then sold after 30% gain how well that trader would be doing about now.
Huh... 🤔
Easy in hindsight of course, but someone's doing it.
Not buying.
Not shorting.
Not advice.
Then they get very trapped but ease their conscience by buying more "knowing" the floor can't be too far away until properly rinsed, freak out and leave the market.
But imagine if rather than chasing free lunch dreams a trader went short every time NKLA hit the 200MA and then sold after 30% gain how well that trader would be doing about now.
Huh... 🤔
Easy in hindsight of course, but someone's doing it.
Not buying.
Not shorting.
Not advice.
I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐
Part 1 of weekend video 25/5 now uploaded to the group😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Part 1 of weekend video 25/5 now uploaded to the group😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
