This is a tweet to remind you that you don't have to chase every move on the hourly, daily, weekly or even monthly moves.
It's absolutely ok to sit in quiet stoicism and place your bets at the utmost extremes of yearly ranges based on sentiment, moving averages, % declines and general notions of:
'Well either we bounce here as an industry or it's literally over'
You can do this and outperform 90% of people on this app.
It has worked for me very well in the past.
IMO, to me, this is still trading. The way I see it, trading doesn't necessarily mean opening and closing trades - for me, analysing market movements + news + sentiment and waiting for the right time to commit IS trading, even if I'm not actually opening or closing a single trade for an entire year.
Find the style that works for you.
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This is a tweet to remind you that you don't have to chase every move on the hourly, daily, weekly or even monthly moves.
It's absolutely ok to sit in quiet stoicism and place your bets at the utmost extremes of yearly ranges based on sentiment, moving averages, % declines and general notions of:
'Well either we bounce here as an industry or it's literally over'
You can do this and outperform 90% of people on this app.
It has worked for me very well in the past.
IMO, to me, this is still trading. The way I see it, trading doesn't necessarily mean opening and closing trades - for me, analysing market movements + news + sentiment and waiting for the right time to commit IS trading, even if I'm not actually opening or closing a single trade for an entire year.
Find the style that works for you.