dmedin

🤣

H*LY F*KING SH!T!

LOOKS LIKE WE'RE HEADED BACK TO OCTOBER 2019 LEVELS!!! And if prices fall from there then wow! Who the heck knows!

They are all over the place, posting videos for DailyFX all day long.

I've given back so much by trying to go long at 'bottoms', when a SELL AND HOLD strategy would have been best this whole entire time. See a 'trend' emerging here? Alternatively - yes I can see it is more obvious on 1 hr charts (and for some people on 15 mins) - but in that case you really do need to be glued to the chart all day long. Nothing worse than being stuck a chart all day long and coming away with nothing, or even losing all your dosh.

Yes a corrective bounce ... Why would it rally hard from here? Who is going to start suddenly buying lots of oil while the virus thing is still up in the air?

The only people not feeling pain are the ones who analyse and don't actually place any trades

I've made a small profit overall, now looks like the time to buy but get ready to sell again. Bottom line, trading too much and on shorter time frames is a bad idea

Contrarian is like the opposite of what TA is supposed to be about, isn't it? In TA the idea is to follow trends regardless of how irrational you think they are ... you go where the money is ... contrarian appears to mean trying to call tops and bottoms especially when this means going against a prevailing trend ... far more sensible to wait for a clear signal that a trend has turned first ... I don't see TA as a way of being a 'smarty pants'.

Sell the rallies 🤠

Anybody who has money in an S&P 500 tracker (for example) is taking losses but by this time next year they will have made them all back and then some ... they are saving money for retirement and not trading on a daily basis.

I've transitioned to a sell and hold position 🤠

Must be keeping your best trading ideas to yourself

Who else is really excited about having sovereignty over our fish again? Rule Britannia!

FTSE 100 is tanking while GBP is yo-yoing ... which is the better trade?

Longer term chart says, 'It ain't bouncin' fer long.'

U.S. oil at $42?

Brutal

2/3rds retrace of the Oct 2019 up move at around 8400, in line with 200 day SMA

I closed out my GBP/USD (90p) and went short on FTSE 100 instead. Seems like a really bad idea to bet on the pound right now, up and down like a yo-yo.

https://uk.reuters.com/article/uk-britain-eu/britain-on-collision-course-with-eu-with-trade-talks-mandate-idUKKCN20L1AX Keep your hands off our fish, but keep sending your money to the City

Yeah.. it's kind of urgent, but not completely urgent

I'm not seeing signs of recovery yet Need to wait to see what happens with the outbreak in America.

The only strategy I can think of that makes sense for the average investor is a drip-feed (e.g. monthly) into a broad-based index-tracker, with possible (relatively small) diversification into some more exotic ETFs (property, gold, whatever) ... buy and sell individual stocks? Not worth the hassle. Buy and hold .. by the time you retire, it's more likely your portfolio is worth more than it was at the start