Replies to post #352865 on SPDR S&P 500 (SPY)

[TrendTrade2016]

We are not in hyper iinflation first off., and it’s all Covid connected, let’s get that straight HYPR inflation would match the early 80s at 13% As a master chartist, I don’t have to think like you, I just have to look, and at this point, I don’t see anything to worry about. You don’t know how to read a chart and most likely don’t know how to trade, very well, so your narrative is bias based, peer based, and media based. I trade equities not the market. I would love to see another 10% correction, it’s easy to make money in that environment, but I can navigate this market, because I have the experience and skills to do so. I make 2 to 5 grand a week day trading, so I have no reason to whine. I am aware of the situation, from a economical perspective, but we ain’t in the 70 and 80s , we are coming out of a pandemic. I started trading when Nortel was 8,75, on its way down from 120.00 in the tech bubble. I bought it at 8.75 and sold it the next day for 8.60. I got lucky, I got lucky, I could have lost 8 grand, it went to nothing. I had no idea what I was doing. I lost 50 grand I 2008 thinking I was smart try to catch falling knives, and cheap US banks. Had no idea how to read a chart well enough to navigate bottoms. My education now in the TA aspect of trading will protect me from anything I did in the past. I can navigate the worst stock market conditions, and I still take losses everyday, but I can make them back the next day. We are traders, and that’s part of the game. I’m an aggressive trader, maybe one day I will wale up and poof, everything is gone in overnight futures. That’s why I’m always hedged. If you know which sector to trade.there’s always money to make. If you were not In Oil stocks then you’re a wannabe spectator, not a trader