I Love Profiting from the Financial Media
October bottoms/October is bullish?
Hey all, I fixed the links on the post I Hate the Financial Media and here is the most important part of the post.
“Being on the right side isn’t about being bullish or bearish—it’s about recognizing when the probabilities are in your favor, and right now, they clearly are.
Do you remember my video from 2022 on market bottoms? In that video, I shared a chart highlighting key market bottoms throughout history. Well, here’s the updated version, now including the market bottom that occurred in 2022. In total, we've seen nine significant bottoms take place in October.
Want more bullish information? The most bullish cluster of weeks starts this week through November.
So where does the media get these ideas?
It comes from the collective mind of humanity. Human nature is wired to seek belonging, and countless studies show that if you're surrounded by people who believe something—even if it’s wrong—you’ll eventually start believing it too. Add to that our love for having our biases confirmed, and you have a perfect storm.”
While these aren't specific trade ideas you can act on, understanding this is crucial for becoming a profitable trader. Keep thinking outside the box, and you'll find success as a happy and successful speculator.
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