Hello LionsWarthogsMillions, That is too complicated to understand for me. I rather continue clicking being an ES Master and do whatever I want to do, however I want to do.
That's the spirit... Be your own man, your own soul, with your own style approach. Don't be swayed up and down and left and right by unknown mysterious forces If you can make a million with ES click click click...then do that. Make all the money you can so you can buy a Bugatti Veyron Patek Philippe caviar mignon The world is yours if you are a master day trader
I think the rule #1 is to stay in the game, Then have the patience & be humble. Look forward and know history. Kind of pattern recognition. It’s not complicated IMO. Just be there tomorrow. Practice makes perfect. I’ve spent 13yrs on & off. I’ve never made money, But x10 last 3 months. From common sense. Educated guesses. Click, click, click.
That's the way a human's success life chart generally looks like It's not a linear smooth line... you may see relatively flat stagnant dormant movement... And then Boom... the line dramatically propels at an upward trajectory because of a eureka discovery actionable moment of consciousness Most humans lack the wide spectrum viewpoint depth and patience to achieve true yield potential
I think the potential bounce levels in the market are pretty obvious if you take a wide view of the market. Basically, we've gone straight up since the pandemic and really parabolic in the last 2 years without much consolidation. I think we have a ways to go on this drop.
Some interesting stats: He also argues that history provides a sobering reminder about bear market psychology. For example, during the Global Financial Crisis, the S&P 500 experienced eleven rallies averaging 10% each (typically lasting less than two months), while ultimately losing 57% over a year and a half. The Tech Bubble saw seven rallies averaging 14% over five-month periods amid a 49% overall decline spanning two and a half years. “The desire to believe it was the bottom was quite high during each of those rallies but earnings estimates and trailing PE [share price to earnings] multiples had to still go lower, which ultimately drove the stocks lower,” he says.