*~1Best~* Market Timing & Trend-Signals

[*~1Best~*]

Your comment which I repost is good points. As I made market top/bottom calls, it is more difficult to pinpoint tops even though a couple of times when those were right on the targets.

You also mentioned that everyone is looking at the same indicators, for example, the charts which I post, I can say that I do not display all my market analyses and customized indicators, nor all my thoughts since we all know that indicators or market analyses which are fully exposed will be used by many others. As a result, those will likely invalidated. Since I was participating on the public discussion boards, I posted my market calls with my market analyses to support the calls. I now see that those methods and approaches are followed by many because those were successful analyses.

That is what you are stating when many are looking at the same thing, the majority will likely be on the wrong side. I do keep in mind that the most widely used indicators and trading methods are often being faded as noted before, but, during a trend, many will be on the same side.

Interesting thing is, though, during the trend, many are still arguing that the trend is not the trend... so, we are talking about "capitulation" of bulls or bears to an extent which is creating reversal.

As for money management, for you, as for all traders and investors, I understand that you would be EXTRA careful as you ought to since you would be extra risk-adverse.

Good comments and enjoy


PS My thoughts may not be as organized as I would like to since I am not fully focusing on the market at the moment.

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JT: Your comment: money shorting a market unless

1) a confirmed downward trend is in place

2) a unfavorable time of the month/day/year is upon us or

3) certain extremes have been reached as seen by the previous graphs.

Any combinations of the above will be a signal to me to short. But it is still not certain but neither is going long. Setups do not always work out the way ones expects. And yes, we are up against some heavy resistance at these levels but it does not mean we can not break above them. So money management becomes very important at this stage.