TradingWarz
2023-07-28

🔴WARNING Caught THE S&P 500 Sell OFF Now

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Comments

  • badumdum
    2023-07-30
    badumdum
    the only thing that makes sense is the price action  and the volume. After being a while watching and participating in the markets, these 2 in combination are the only things that matter. the rest is hogwash crystal balling. those who made money in 2021 while market was going up thought that short sellers were idiots. then in 2022, short sellers thought longs were morons. then 2023, longs laughed at shorts, while the only people creaming all the  money in both directions were traders. as a short seller  you don't really have time on your hands. if you go long and the market goes down, you can hold and still own something, just of lesser value. but if you go short, and the market goes up, your losses are infinite. and markets go up over time, so to remain stubbornly short when the price action suggests that you are wrong will only lead to you being carried out by the undertakers.
  • robs
    2023-07-30
    robs
    hopefully the market crash as soon as possible
    • robs: 
      crash is good LOL. can buy more at all time lows.
    • gleezy: 
      market crash, oh, god, it is not good wish😂
  • PrataBoss
    2023-07-30
    PrataBoss
    Dont talk nonsense lah.
  • badumdum
    2023-07-30
    badumdum
    the platform is allowing all sorts of furus to post questionable content
    • badumdumReplyDJ90: 
      whenever a rally comes into play, one must check also for breadth, amongst other things. if the generals are leading and the soldiers don't follow, be wary. but if the generals lead and there is follow through with the troops, sustainability of the rally must be considered
    • DJ90: 
      how is it questionable?
      my main things atm are the daily rsi and the disconnect between the big index's (mainly big tech driving them) and everybody else.
      Aside from noobs who haven't learned their lessons yet, I can't see this markets sentiment staying up like this week.
  • badumdum
    2023-07-30
    badumdum
    the only thing that makes sense is the price action  and the volume. After being a while watching and participating in the markets, these 2 in combination are the only things that matter. the rest is hogwash crystal balling. those who made money in 2021 while market was going up thought that short sellers were idiots. then in 2022, short sellers thought longs were morons. then 2023, longs laughed at shorts, while the only people creaming all the  money in both directions were traders. as a short seller  you don't really have time on your hands. if you go long and the market goes down, you can hold and still own something, just of lesser value. but if you go short, and the market goes up, your losses are infinite. and markets go up over time, so to remain stubbornly short when the price action suggests that you are wrong will only lead to you being carried out by the undertakers.
  • S Jimm
    2023-07-30
    S Jimm
    I think he missed the boat lah. that's why talking nonsense...
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