The lesson of 2018 was provided by AAPL, TSLA and NFLX and was another powerful reminder: If trading on fundamentals and indicators worked: everyone would be Bill Gates. What works is Rule Based Indicator Free Price and Fibonacci: The Only Natural Predictive Tool in the markets.
“Alla, You are Genius! Thank you so much for all you teach.” Ken
One of the most dangerous things a day trader can do is to apply an investor mentality to their chosen market by being in the markets at all times. The events of Monday morning were a spectacular reminder that Only Knowledge of Price Action and Fibonacci will keep a trader out of trouble in choppy and painful markets: staring at corrective markets is the most dangerous thing a day trader can ever do.