Deep down and they won't admit it...but the majority of traders/people here reading this will agree with me.
Top/bottom picking without a cause is a mugs game, thats not my opinion, thats a cold hard fact and one of the many reasons why so many people fail at trading.
When I started posting here I was trying to explain a few things and trying to put certain people in the right direction as I thought they were going down a dead end and/or following someone who truly is "reckless".
Is that my opinion...yes and no..but the fact is.. Postie and others have been trying to pick tops on both DJIA and DAX since yesterday afternoon....let me repeat that...picking tops since yesterday afternoon....how many point have we rallied since then ?
And still at 16:55 on Friday...nothing has changed...still top picking and still being crushed...my point is...at no point did the thought of buying ever appear..it was always sell sell sell.
Does that sound like someone who knows what they're doing or is that the reckless behavior of a stubborn gambler that has NO logical or technical reason to be selling other than "Its went up so it can't go higher".
Is this criticism..yes...but its constructive criticism as I started off trying to help and in a strange way still trying to help.
But unfortunately if someone is stubborn and set in their ways..even though they know their wrong, they just won't accept it or the help.
The end result..?
Countless failed trades and attempts at top picking and temper tantrums because they know deep down am right.
You may have a pop at me, you make have a go at me...but am not the one nursing a string of losing trades.
FFS, take a bit of free advise when its on offer.
😕