Quote (Budgeting @ Feb 13 2024 04:32pm)
i own a few through indexes etc. but because i work in banking i am heavily regulated in what i can trade - even though i have no access to such info lol.
this is pretty much what i am doing right now and working on just investing in the index.
check out scott stewart on youtube (0dte guy). and iman trading. 95% of stock market peeps online are full of buffoonery and jiggery-pokery
if you're a boglehead, probably better to stick with the indexes. if you wanna day trade a bit, the ability to take profit and exit a trade are the most important factors. along with being emotional fit in a trade where it doesn't impact you negatively (position size). 99% of technical indicators are complete dog doo doo (same for candlestick patterns). multiple timeframe analysis, market sentiment & direction, smart money, and detecting patterns trump everything
"patterns tend to repeat themselves, but they don't always have to" too, so keep that in mind
This post was edited by ChocolateCoveredGummyBears on Feb 13 2024 07:30pm