Thread by @team3dstocks

To be frank with u, I have no clue nor do I care. This is not the account to follow if u're looking for long term predictions or what might happen next month or next year etc. Anyone who tries to predict the market long term is either full of shit or full of vague BS statements

https://twitter.com/Kieran7731/status/1496958014598881290

For every 1 "pReDiCtiOn" that comes true there is another 5 that failed. So we can sit here & talk advanced fundamentals and stats all day long, trust me, I can go full nerd mode when it comes to that, and i have spreadsheets GALORE. But NONE of that matters when u trade momentum

The ONLY thing I can "predict" with a high degree of accuracy is that dumb emotional money almost always loses in the end, and that smart money (the house) almost always wins in the end. So what do i do? I just bet against dumb money. Simple as that.

I dont care about rates, inflation, Russia/Ukraine BS, bull/bear market etc. All i care about is WHO is panic selling/buying shit so I can take the opposite side. Trading becomes SO much simple when u remove the noise & just focus on letting dumb $ pay ur bills.

#BearTipOfTheDay

But if that helps, we are HERE (red arrows) on the short time frame. That's the setup I was stalking this week (short term panic capitulation / blowoff). I get absolutely horny when I see setups like this (long or short side) b/c it's SO easy to tell where is dumb 💵 vs smart 💵