SPY Just a reminder that studying price action is not everything. You can look at past data points to try and predict future movements - sure. But as we enter a world full of uncertainties, particularly, our geopolitical climate - we need to remember that outliers to expected price movement based on previous data points DO occur, and they won’t fit into any pattern.
You don’t need to trade every price movement. Build a thesis, enter far enough out at a good price, and cost average or sell if you’re wrong or change your thesis. Don’t forget to hedge if you’re building a long term position.
There’s alot of people here that wait for others to make call-outs to enter positions.. And there’s some smart cookies in here who call it right - often! But even the most seasoned trader loses. If you’re just following calls without doing your own research, you’re GAMBLING.
Use minds as a way to confirm your view or learn other viewpoints, and not as a way to gamble.
SPYSPXNVDAAAPLTSLA Traders, listen to this carefully. Negative people will doubt your analysis and make fun of you when you lose, but they will never step forward to appreciate you when you win. I personally believe that negative people play an essential role in every true trader's life because they fuel our energy and motivate us to do better in the future. Just imagine if everyone appreciated you and nobody criticized you then how would you become aware of your weaknesses? Always appreciate such people and keep learning from them. Negative people are the real assets in your portfolio, as they help you achieve your biggest returns.
AAPL The comments under this article today is interesting: Apple announces $500 billion US investment in bet 'on the future of American innovation' finance.yahoo.com/news/apple-announces-500-billion-us-investment-in-bet-on-the-future-of-american-innovation-110106571.html Comments: Four years ago, a few months after President Joseph R. Biden Jr.'s inauguration, Apple announced an "acceleration" of its U.S. investments, pledging to spend $430 billion and add 20,000 jobs over five years. In January 2018, during Mr. Trump's first term, the company said that its "direct contribution to the U.S. economy" would be $350 billion over five years and that it planned to create 20,000 jobs over that period.