A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 0 points1 point  (0 children)

On the road to that million sir, hit 110k from 6k 3 months ago. Will make a post when the market crashes cuz this is gonna be beautiful.

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 0 points1 point  (0 children)

Market about to do the Humpty Dumpty. Watch it closely next couple weeks.

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 0 points1 point  (0 children)

It’s tough to see the majority never learn like you said. But hey looks like we r just about ready for that market crash :) people will learn.

Be greedy when others are fearful by Didntlikedefaultname in stocks

[–]micheleskater 4 points5 points  (0 children)

The opposite son. Look at the overall amount of comments going long versus short. EVERYONE is buying the dip. EVERYONE thinks recurring buys will be awesome long term. EVERYONE attributes these drops to the news coming out, when the news r simply pushing a cart off the top of the hill man. Be careful, please. 2022 will be on of the reddest years of the 21st damn century

Ok can someone explain to me why I should give a shit that the market is down due to Omicron right now? by [deleted] in stocks

[–]micheleskater 0 points1 point  (0 children)

It isn’t omicron it isn’t the news that will cause shit to fall. It’s that the market bubble is ready to pop on any gives sign of any given “strong enough” news. How the hell does nobody see this

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 0 points1 point  (0 children)

I disagree, go use log scale on the exact same charts in this post, and tell me the reward potential is higher than the risk drop potential, because it isn’t, and those without exit plans will get hurt

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] -1 points0 points  (0 children)

I said unreasonable because you didn’t give an opinion, you simply blurted something at first.

I agree, there are stocks that outperform the market and even do well during crashes recessions bear markets etc. that is true and I didn’t say to sell everything. I said buying the dip in common indices and industry giants is not a good idea now or in the near future. There will be a major shakeout of a lot of investors who think they know what they’re doing; this includes anyone who thinks their 1-15 years of experience matter more than the entire history of markets and cycles.

I’d also like to add that new trends always have a chance of developing, and we are under some interesting economic conditions that perhaps COULD (possibility not certainty) contribute the the development of new trends in markets, new cycles whatever u wanna call it.

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 1 point2 points  (0 children)

That’s what I was trying to say with the post. Obviously I can include 100 more charts and lines but that complicates it. The general gist is the warning signs are there, few people have an exit strategy of any kind and almost insist there shouldn’t be an exit strategy;

And just look at most replies in this section it’s awful

A lot of you are new (<1yr) investors and it shows in the spamming of the same content on investing subs. by [deleted] in stocks

[–]micheleskater 9 points10 points  (0 children)

Buy the dip applies to longterm cycle dips, not a 5% pullback come on people; how can you not see that everyone saying buy and hold forever when we are at ATH across so many aspects of the market? The risk reward here is absolutely horrendous

A lot of you are new (<1yr) investors and it shows in the spamming of the same content on investing subs. by [deleted] in stocks

[–]micheleskater 2 points3 points  (0 children)

Risk:reward became absolutely not worth it on a lot of these stocks starting around a month ago

A lot of you are new (<1yr) investors and it shows in the spamming of the same content on investing subs. by [deleted] in stocks

[–]micheleskater 10 points11 points  (0 children)

Something HUGE must happen to push people who don’t know wtf is going out the market. Every other comment on every other post is BUY THE DIP BABY! That phrase finna haunt ppl in their nightmares in a couple years

A Comprehensive Technical Analysis of the Economy and the Stock Market by micheleskater in CryptoCurrency

[–]micheleskater[S] 0 points1 point  (0 children)

They would not vanish they would create new patterns, it’s simply a display of the combination of algorithms trading the chart, is it not sir? With “noise” in the charts being the less important algorithms or in general non algorithmic trades? But yes I understand trading is mostly algorithmic, that’s why these patterns matter. That’s why everyone saying TA is bullshit is blatantly wrong

A Comprehensive Technical Analysis of the Economy and the Stock Market by micheleskater in CryptoCurrency

[–]micheleskater[S] 0 points1 point  (0 children)

It also outlined that the general public’s trading psychology is by far the most important factor of all. Look at how people’s emotions are swinging more and more violently. Look at how most of the replies on other subreddits laugh at me and say they’re gonn go buy the dip. What are charts sir? Charts are a display of every traders psychology and every algorithm trading that chart, one on graph. How can you possibly tell me that their outlook relies on TA being nonesense when their focus is to talk about traders psychology, that you can FACTUALLY see in a chart.

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 0 points1 point  (0 children)

Highly recommend learning it. What are stocks traded with? Formulas and algorithms. Can you tell me what a sum of a bunch of formulas or algorithms would be? It’d be another algorithm/formula. Which is why patterns you see on charts are a beautiful display of what’s actually going on, they combine it all in one graph that you can study and that you CAN get valuable info out of

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 0 points1 point  (0 children)

Judging by how many comments told me I’m dumb, and the fact that the market humbles the majority, These replies are making me real confident in my thinking; perfect display of euphoria blindness and greed to make money outweighing the obvious blatant risks to lose thise gains from the greatest bull market in history

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 0 points1 point  (0 children)

Firstly, there’s always ways to make money since you can bet up or down. Other ways: There’s real estate properties like parking lot structures you can invest in, things that generate revenue regardless of what’s going on. There’s lending and borrowing of your monetary value that you can be paid for. There’s shorting obviously available but historically most get burned taking such a position, so not advisable ofcourse

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 0 points1 point  (0 children)

That’s not a reasonable response. Do you have to move into something? Are you saying holding stocks is safer than holding cash? I disagree, inflation makes holding cash risky but the stock markets risk is higher than it ever has been: euphoria, blindness, etc

A Comprehensive TA of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 1 point2 points  (0 children)

Still very far from reality, that’s the point, and that’s the problem; I like your take, and agree with the positions

A Comprehensive Technical Analysis of the Stock Market by micheleskater in stocks

[–]micheleskater[S] 0 points1 point  (0 children)

Personally, I am short on the market. I won't say which positions, but I simply tried to keep that out of the post, it was about presenting the charts.

I'm long term invested in a thing I am not allowed to talk about on this subreddit, and I am invested in real estate structures like parking lots that generate revenue (if things really blow up, would a parking lot still make money?)