“The market can stay irrational longer than you can stay solvent.”
A lesson i’ve learned the hard way over and over again.
But all that depends on what the large players who move the market define as rational.
I am not a large player. I cannot analyze the market thru that paradigm. When I do, that’s on me. When I let noise, my feelings and/or a post on twitter shape my bias, then I need to take personal responsibility for my behavior. I cannot control the outcome of the market. I can only control my entry and how I manage risk.
Let’s jump in to the recap!