I want to share with you the truth about trading, which «gurus» prefer to keep in a secret.
Guys, do you know that nobody knows how the market will move and where the price reverse?
That’s all)
Okay, if you need more details, please read my arguments. 1. Every market is a very complicated «system». There are many different traders, investors, trading bots and all of them have their own goals and ideas how the market should move. Don’t forget about manipulators with their goals and resources to reach these goals. We don't know who wins in the market in the exact period of time and which goals they have in this moment. 2. There are too many fundamental and technical factors which impact the price all the time. The combination of different factors can give different reactions in the market. So, how to consider all factors in the right way? And don’t forget that the same news may impact the price in different ways. News influence the market for short, medium and long term. There are chart patterns and signals from indicators which trading bots use and they can be for or against fundamental news. So, there are many combinations of factors which push the market up or downward. Do you know how to consider them and be right all the time? 3. Every minute any market can be dumped or pumped because of unexpected news which nobody can predict. Yes, how you can predict the market movement with unpredictable news? So, this is a strong argument supporting the main statement of this post.
Also, if you want to predict the market movement, you set up a very weird goal. It means you want to predict the future. If you have a Crystal ball, probably it is not an issue for you. But the majority of people don’t have Crystal balls or use a fake version of it.
Yes, we can think about possible market movements around the key levels and lines and plan our trades according to possible patterns, signals and our preferences. But it is not about prediction, it is much more about planning future trades and following the market. And it is absolutely another story.
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