Data Overload
Traders are exposed to a lot of media because of the belief that the market moves on news! Hah! What a load of chilies! Nothing could be further from the truth! How do I know? Because I calculate the swing days and hours days in advance and they still work! How could they possibly work if the markets were moving with the news!?
You do not need to watch the news, not for trading anyway! I only look at economic data release hours to see if I have any swing hours then, so I can understand it probably will be a worthwhile day trading it. Be picky on the news you listen to. Make sure its relevant to what you are trading. Too much information will cause analysis paralysis.
News channels are dying to bring people on board to talk, and obviously, nobody says no — it’s good for business and advertising. But who really knows what is going to happen? Nobody except the policymakers. But then, if our swing days and hours are correct and work regardless, can we really say that even policymakers know what they are doing? Are we all in a real freaky matrix?
If you think about it, it’s possible. If I can predict swing days with such high accuracy, it is logical to assume that nobody is doing anything consciously.
Recommendation: Stop trading with other people’s opinions. Everyone has an opinion, and everyone will get lucky sometimes and get it right — and sometimes get it wrong! So at the end of the day, it’s like a toss of the coin!
Everyone who wants to trade — and I recommend learning and teaching it to your kids too — because with the digital currency revolution, knowing how to buy cheap and sell expensive with knowledge is going to be a necessary tool for the future.
Learn how to analyze the markets and determine price levels and expectations yourself. Only through your perspective can you measure risk. By listening to others, you will not be able to measure your risk, since you do not have a real idea about what they mean and when what they mean is exactly going to happen!
Learning to trade is a serious job, and getting your head around it is a much better option than trying to follow others around. Here, we trade with pre-calculated swing days and swing hours with pricing. Nobody on the internet will get that precise, and you will never hear anyone on a TV or internet show telling you the swing days and hours in advance with a price. What we do is truly insane, but it works. Life is short, and I worked around getting my trading as effective and efficient as possible — and that means knowing what will happen before it happens!
As my slogan says: Learn to trade, learn a trade.
Trading really is a trade. It’s an art, and anyone who is remotely serious about trading will have to develop a way to analyze and trade it with risk management if they want to make it.
Link to the YouTube video: https://youtu.be/5NkEpo-1zGE?si=jAcXx4g431yDLIC0