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Hi !! Alfredo,
From your previous postings, I didn't realized you have an understanding/are so
learned about the markets. Of what's the true reality of profitable trading.
I only trade stocks, only on the bull/long side. I hated bull markets because
there would
be too many white rats to go chase after and get stressed/frustrated for so many
that are easy pickings and got away, because you don't have enough time to analyze
and catch them all/aside from evaluating whch are the best/fattest rats.
Bear markets are also nice (even for trading on the long side) because in a field
of black rats, the 2 or three white ones are easily spotted, and boy !!, even in a
bear market this few white rats can ride you high up in to the hill.
The fundamentals or big picture is just to give us a background setting for our
trading
scenario. But specific entries, positioning should be only based on real market
price
action before we make our decisison to trade or pull the trigger.
Yes, agree that should not be really concerned with the market predicting
business,
since no one knows and not needed to make real money from the markets. Aside
from
prices reflected all the funfamental news there is.(this is my school of thought).
Actually all news for me is entertainment, Separated from/Keep all my day to day
trading decisions based solely on actual market price action.
Alfredo Simas wrote:
> I
>
> However, if someone actually knew for real, all the time, whether the market
> was a bear or a bull market, that person would be able to make repeated and
> consistent killings.
>
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