Green = Sell
Red = Buy
Do not be greedy in the time of green market and secure some of your profits.
and when it turns red, do not be panic and panic selling, relax and enter the market with different entries.
After all; the priority is your psychological state.
BEST
Panic selling and panic buying usually show up at the end of a move. Here I us a simple "indicator" I made to help identify if a move is particularly special.
First, I have always like ATR (Average True Range) as a useful reminder of what to expect and at one time I even used it to calculate my position size for risk purposes. I wrote two little hybrids of this...
🚨PANIC SELLING of stocks due to Coronavirus...😷 in fear that earnings for top companies will drop as productivity comes to a halt. 😩
⚠️ Historically, the SARS outbreak did not cause the stock market to dump farther as we were in the tail end of the Recession.
Coronavirus appears to be coincidentally at the top of a market rally and is just a social trigger to...