no doubt the markets (in this nervous but sharp up rally) may soon fall.....
no doubt their may be macro dark clouds gathering around.....
but the rain may not start for quite a few days. till then what to do?
surrender meekly for the (reversal) trouble which hasn't come as yet and which may still be as far away as next week?
staying on course till the red light is what is the essence of positional/swing trading. otherwise, reversal fear starts the moment the last reversal happened.
we start fearing the longs the moment down rally ends.
distrust is in the blood of every am-trader which needs to be filtered out with the kidneys of guts and sense. otherwise, a trader will only remain spinning and keep bleeding.
if the markets start falling now, i bet many will again start disbelieving it soon and will start "waiting" for the "reversal" again, waiting to "go" long.
the markets are not unbelievable. we are non-believers.
no doubt their may be macro dark clouds gathering around.....
but the rain may not start for quite a few days. till then what to do?
surrender meekly for the (reversal) trouble which hasn't come as yet and which may still be as far away as next week?
staying on course till the red light is what is the essence of positional/swing trading. otherwise, reversal fear starts the moment the last reversal happened.
we start fearing the longs the moment down rally ends.
distrust is in the blood of every am-trader which needs to be filtered out with the kidneys of guts and sense. otherwise, a trader will only remain spinning and keep bleeding.
if the markets start falling now, i bet many will again start disbelieving it soon and will start "waiting" for the "reversal" again, waiting to "go" long.
the markets are not unbelievable. we are non-believers.
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