Originally posted by scooterscot
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We all know that only a fool would use charts in a time of.. ermm lets see..
Global Pandemic
Brexit
US elections
US vs China trade tensions
Fed massive quantitive easing.
Behave on the chart stuff. Its fine if you’re a day trader as the market makers use similar algorithms.
OMFG.. head and shoulders on a rising stock = reversal.. sell sell.
Markets are rigged. Market makers can see the orders on the books. They can see all those 10% stops they can trigger and buy all the stock that x has told y on the golf course about. Bunch of crooks.
Time in the market, not timing the market.
Preserve your capital, don’t get greedy, spread the risk.
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