I am perusing the recent posts in some online forums and find myself wanting to unleash a fly rant...
I see comments like "my gut", "I feel", "I think". Folks have ideas about the market that I disagree with based upon recent market action and TA 101.
At the top of the bull market, disbelievers like myself lost serious chump change, continuing to ignore market action based upon beliefs and listening to too many glowing whirly boxes.I have not participated in the bulk of the move off the lows, am kicking myself and trying to learn what happened, why I missed it, how I can note it next time. It don't matter what I believe/think/feel, what happened is BOOM! If I'd have caught some greater portion of that move with some amazing trading vehicles out there my life would be forever changed in financial term.
I like having all the mkt noise off.