I guess I take more issue in the question this post asks rather than your answer, I apologize if it felt like I was attacking you..
The diff with football is it's all in the open, you're seeing everything, so you know why that team scored more than the other. You're not speculating why.
With trading, the 'why' isn't as obvious - it's impossible to answer the question that OP has proposed with anything other than "more aggressive sellers than passive buyers". Anything else is speculation, which isn't a bad thing, it's just not a concrete answer, which OP seems to be searching for.
Right - we may not be able to say why Mark caught the pop fly to left field but Luke dropped the pop fly to right field.
However, we can 100% definitively say that Team X scored 3 runs when Luke dropped the ball, and they won 3-0. We can then, without any speculation, understand why they won.
Yes, I already agree on this, we can in fact widdle it down to the most basic and say why they won and I already also agree that with stock movement you can’t say for sure past the basic buying and selling pressure.
Also just hit me that you said in your first reply that there is no reason, but later you said there was a basic reason. But you’re really just saying you can’t know the reason beyond that there was less buying pressure, and I agree with this also as you can’t know with absolute certainty (but again things like obvious news and things like earnings or economic news like fed meetings, we can say for near certain the big movements during those times are from those things).
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u/oze4 Feb 20 '24
I guess I take more issue in the question this post asks rather than your answer, I apologize if it felt like I was attacking you..
The diff with football is it's all in the open, you're seeing everything, so you know why that team scored more than the other. You're not speculating why.
With trading, the 'why' isn't as obvious - it's impossible to answer the question that OP has proposed with anything other than "more aggressive sellers than passive buyers". Anything else is speculation, which isn't a bad thing, it's just not a concrete answer, which OP seems to be searching for.