Think like smart money
This post is an education post. I know a lot of people have entered this market since 2020. Most of you have no idea what a regular market, or bear market, looks like.
I know many you will say the FED will keep pumping the market and the indices will to the moon. NO! This won't happen anymore. If you own a multimillion hedge fund company, you double or triple your capital in just a year. Are you gonna stay in here and risk it? No. From the volume chart, we can see that smart money is leaving, but all these retail traders are storming in and want to get rich in an instance.
You will get burned if you still put money in the market at this moment. I am not saying we are into the bear market. However, the bull market is over. Especially for most of the tech stocks. If you are still trying to "buy the dip" of these tech stocks. You will likely lose it all.
I will not delete this post. You can come back and read this post next year, 2022, and you will know what I'm talking about.
For self-education use only. Not financial advice.
I know many you will say the FED will keep pumping the market and the indices will to the moon. NO! This won't happen anymore. If you own a multimillion hedge fund company, you double or triple your capital in just a year. Are you gonna stay in here and risk it? No. From the volume chart, we can see that smart money is leaving, but all these retail traders are storming in and want to get rich in an instance.
You will get burned if you still put money in the market at this moment. I am not saying we are into the bear market. However, the bull market is over. Especially for most of the tech stocks. If you are still trying to "buy the dip" of these tech stocks. You will likely lose it all.
I will not delete this post. You can come back and read this post next year, 2022, and you will know what I'm talking about.
For self-education use only. Not financial advice.
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