SPX USD is being dumped today against all majors. Normally weak USD would help US exports, but not this time with tariffs. It is clear sign that foreign investors are dumping USD and USD denominated assets. Do not rely on technical alone, the fundamentals are shifting drastically and market will get wrecked. The Bond market is still calm. This is something to keep our eyes on EURUSDGBPUSDJPYUSD
SPYSPXNVDAAAPL When I close my position, the stock keeps moving in the direction I predicted. But when I hold my position, the stock reverses, and I end up losing money. Is this something you're also experiencing? I gave this a lot of thought and realized that once we hold positions too long, we start developing greed, along with other emotions such as hope, excitement, and anxiety. This mix of emotions hijacks the brain, which prevents you from pressing the sell button. Your mind becomes completely controlled by those feelings. Therefore, always stick to your rules and avoid holding too long in hopes of getting a huge return. One more tip I want to share: whenever you feel emotions starting to influence your trading, stand up and repeat this phrase in your mind: "CLOSE THIS POSITION." When you repeat something in your mind, your brain starts to believe it, and it will act accordingly. Lastly, remember that you can always re-enter a trade, but you should always book your profit on time. Don’t regret exiting too early—locking in gains early never goes out of style long-term. Sharing this as I experienced it many times during my trading career. Comments?
SPYSPXNDQ Hey chat, I just finished reading The Technical Analysis of the Financial Markets by John J Murphy today. I’m writing this for new traders that are overwhelmed and not know where to start because that was me when I first started.
Coming out of university with a degree in architecture I had no financial background and at first I was making careless trades just looking at the size of candles and whether they were red or green.
This is my 4th book on trading I’ve completed and you may think it’s of no value but your subconscious mind picks up automatically the psychology, basic price action and the bare fundamentals when you’re looking at a chart live and develops a healthy decision making process, cutting out emotions and just trying purely allowing your mind to think technically. I would highly recommend it to new traders as it has really helped me personally go to that next step as a trader.
As always all the best and hope everyone makes money in these crazy as markets !
SPYSPXVIXDJI if you could take a Time Machine back in time 🌀 to just a few months ago 🗓️ and even to 2024 and 👂 listen to my “short this rally” also my stock crash warnings 🚨
US100US500USDCNH Yuan devaluation incoming to maintain China's competitiveness, markets cannot handle a currency crisis tit for tat trade war. Also a real war is also much more likely now.
SPX Took a SPY 470 put for tomorrow, small allocation, thinking the market might give up weekly support 4950 overnight and head down to the 4700 level.
TSLANVDASPXNDXAAPL REMEMBER what I said today: “yes yes it is going up. Prepare for when it goes down because it is gonna be mind-blowing another time” VIX: +20%