stock market crash

[northernladuk]

No. Timing the market is where a buyer or seller believes they are buying at the bottom or selling at the top. Very hard to do. Waiting for a trend reversal, i.e. lower high is replaced with a higher low, effectively guarantees you'll miss the bottom (or top). The important difference however is that my risk of loss is now greatly reduced because I waited for confirmation thereby increasing my probability of a successful trade.

Have used the above method when entering or exiting a trade with repeated success on spot markets. It requires a lot of emotional control, however. It is not easy.

Yeah, what idiot gets emotional when trading.

And I'm closing that CNA trade again - no loss - but dum decision to open, completely emotional.

[Zigenare]

No. Timing the market is where a buyer or seller believes they are buying at the bottom or selling at the top. Very hard to do. Waiting for a trend reversal, i.e. lower high is replaced with a higher low, effectively guarantees you'll miss the bottom (or top). The important difference however is that my risk of loss is now greatly reduced because I waited for confirmation thereby increasing my probability of a successful trade.

Have used the above method when entering or exiting a trade with repeated success on spot markets. It requires a lot of emotional control, however. It is not easy.

There are more fundamental reasons why a share price will rise, find the reason and then more than likely you've found your stock. A clue, it's not on a chart, charts are past tense.

YMMV. TPDNCFA. DYOR. IANQTGFA.

[TheGreenBastard]

Timing the market is where a buyer or seller believes they are buying at the bottom or selling at the top.

False.

Market timing is the strategy of making buying or selling decisions of financial assets by attempting to predict future market price movements. The prediction may be based on an outlook of market or economic conditions resulting from technical or fundamental analysis.

Remind you of anyone?

[BABABlackSheep]

No. Timing the market is where a buyer or seller believes they are buying at the bottom or selling at the top. Very hard to do. Waiting for a trend reversal, i.e. lower high is replaced with a higher low, effectively guarantees you'll miss the bottom (or top). The important difference however is that my risk of loss is now greatly reduced because I waited for confirmation thereby increasing my probability of a successful trade.

Have used the above method when entering or exiting a trade with repeated success on spot markets. It requires a lot of emotional control, however. It is not easy.

All well and good, but trend reversal is still timing the market. Not sure why you’re defending yourself. Its not a stigma.

[TheGreenBastard]

Its not a stigma.

He created the stigma to fuel his egobabble.

[Whorty]

All well and good, but trend reversal is still timing the market. Not sure why you’re defending yourself. Its not a stigma.

Because he's special .... and you're all just dirty day traders ..... don't ya know

[Whorty]

My 50% gain on Centrica this year, Tarot power!

Again, you're crowing about this little monetary gain (less than I have made in the same time on FTSE funds) and yet you're not crowing about the (fictitious) 3000% / $420k gain or the loss on your FTSE Put.

Inneresting

[scooterscot]

There are more fundamental reasons why a share price will rise, find the reason and then more than likely you've found your stock. A clue, it's not on a chart, charts are past tense.

YMMV. TPDNCFA. DYOR. IANQTGFA.

Fundamentals will always play a roll. Best suited for long term investors. If you're a swing trader like myself, i.e. making a few trades per years, fundamentals are more of a 1 of 10 steps. I'd always compliment with a chart analysis.

I vehemently disagree charts are past tense. Ignoring history is crazy. Even the world at large is ignoring history whilst we waste time trying out protectionism again. Everyone is a loser playing a game without end.

[scooterscot]

All well and good, but trend reversal is still timing the market. Not sure why you’re defending yourself. Its not a stigma.

No it isn't.

Timing is a well time.

Trend is a condition.

[scooterscot]

Again, you're crowing about this little monetary gain (less than I have made in the same time on FTSE funds) and yet you're not crowing about the (fictitious) 3000% / $420k gain or the loss on your FTSE Put.

Inneresting

Crypto I keep for the crypto thread, stocks for this one. I try to keep to stocks only on here as some don't want to read about crypto here. Can't please everyone but will always offend someone. You know something? I don't care.