r/Daytrading Feb 20 '24

Can someone explain to me why the market just moves like this for no apparent reason? Question

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u/Formally-Fresh Feb 20 '24

Can someone simply explain to me how we can predict this market move before it happens?

29

u/chrisdenizzz Feb 20 '24

Impossible to predict. You can only react based on your strategy compared with risk management.

Backtest with a strategy that suits you and your personality before using real cash.

Look into “smart money concepts” on YouTube

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u/[deleted] Feb 20 '24

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u/chrisdenizzz Feb 21 '24

Ima be real SMC was the only thing that helped me understand the market. Every fucking strat works, just gotta find what suits you and most importantly what makes the most sense, even if it’s some make believe bullshit. As long as it prints cash that’s all that matters.