I wanted to post this yesterday, there is still time though.
I can point out the double top, I can point out the huge divergence, or how the market is overbought...
However on June 6th, a ton of financial media companies such as investors.com were saying this was a solid buy.
This is the prime example of why the "news" or any other FA is not in my trading.
They convince the masses to buy at all time highs and ruin peoples finances.
Yes, we all know, eventually things recover... it's just the simple fact that they're telling people to buy the top that makes me on rely on TA.
This strategy has proven to work for me. Ditch the news, the influences, the brokers, and grind. Learn the charts, reacted to your targets, if you have to wait a day, a month, a year to make a trade, do it... as long as it follows your plan and your plan alone.
Just my humble opinion.
I can point out the double top, I can point out the huge divergence, or how the market is overbought...
However on June 6th, a ton of financial media companies such as investors.com were saying this was a solid buy.
This is the prime example of why the "news" or any other FA is not in my trading.
They convince the masses to buy at all time highs and ruin peoples finances.
Yes, we all know, eventually things recover... it's just the simple fact that they're telling people to buy the top that makes me on rely on TA.
This strategy has proven to work for me. Ditch the news, the influences, the brokers, and grind. Learn the charts, reacted to your targets, if you have to wait a day, a month, a year to make a trade, do it... as long as it follows your plan and your plan alone.
Just my humble opinion.