4 ms·
Predicting a crash is easy but timing it with accuracy is extremely difficult. In fact you were two years too early and lost out on a lot of potential return.
by matt_wulfeck 9y ago
Predicting a crash is easy but timing it with accuracy is extremely difficult. In fact you were two years too early and lost out on a lot of potential return.
There will always be a crash/correction. Easy. But when?
- leongrado 9y agoCompletely agree. Yeah luckydude I can say with 100% certainty that if you took all of your money out right at this moment, you won't lose any money in the next crash. Give me the nobel prize in economics guys.
- empath75 9y agounless the 'next crash' is runaway hyper inflation.
- nycdatasci 9y agoGreat point! Important to look at crash in real, not nominal, terms. More: https://en.wikipedia.org/wiki/Money_illusion https://en.wikipedia.org/wiki/Money_illusion
- deleted 9y ago[deleted]
- module0000 9y agoThe correction will happen immediately following the moment the tape prints it. It always has, it currently is, and will continue to do so in the future. The problem is people aren't watching the tape. It's thought of "too hard"(by those who fail), which is another way of saying their net ability is inadequate for a career in trading. The market has always told us what it is going to do, seconds before it happens. You have to be willing to watch those seconds though, and capable of interpreting the tape during them... 1 day candles? too late. 30m candles? too late. 1m candles? maybe, but overall too late. The timeframe you are looking for is "real time", which is present in time and sales(and nowhere else). Anything else is inadequate for consistent profitability, but there is no shortage of people failing to be the exception.