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Look at Nvidia stock, the market knocked it all the way down and then all the way back up. There is no efficient market. Its really about making a contrarian be
by ldjkfkdsjnv 3y ago
Look at Nvidia stock, the market knocked it all the way down and then all the way back up. There is no efficient market. Its really about making a contrarian bet. The reason traders lose money is that most of the time there are no good trades to make. If as a retail trader you made a trade once every two years, things would be different.
Another thing, it takes a while for news to price in. If inflation craters and it means the QQQs should be 10% higher, that move CANNOT happen in one day.