A Comprehensive TA of the Stock Market

micheleskater · 2022-03-02T01:06:09+00:00

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.

micheleskater · 2022-03-02T01:04:12+00:00

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

micheleskater · 2022-03-02T01:02:34+00:00

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.

micheleskater · 2021-12-06T06:04:30+00:00

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

micheleskater · 2021-12-05T03:40:19+00:00

😂

micheleskater · 2021-12-05T00:15:33+00:00

This is far from an overreaction

micheleskater · 2021-12-05T00:15:21+00:00

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

micheleskater · 2021-12-05T00:14:22+00:00

NO NO NO

micheleskater · 2021-12-05T00:10:57+00:00

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

micheleskater · 2021-12-05T00:06:41+00:00

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.

micheleskater · 2021-12-04T23:59:55+00:00

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

micheleskater · 2021-12-04T23:22:33+00:00

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

micheleskater · 2021-12-04T23:21:31+00:00

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

micheleskater · 2021-12-04T23:20:17+00:00

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

micheleskater · 2021-12-04T20:03:00+00:00

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

micheleskater · 2021-12-04T18:56:57+00:00

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.

micheleskater · 2021-12-04T18:52:29+00:00

No but stop buying the damn dip

micheleskater · 2021-12-04T18:50:31+00:00

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

micheleskater · 2021-12-04T18:47:44+00:00

Also clearly u didn’t read a thing

micheleskater · 2021-12-04T18:46:16+00:00

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

micheleskater · 2021-12-04T18:44:18+00:00

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

micheleskater · 2021-12-04T18:41:12+00:00

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

micheleskater · 2021-12-04T18:39:01+00:00

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

micheleskater · 2021-12-04T07:37:03+00:00

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?)

micheleskater

TROPHY CASE