Most don't care if the market goes up or down - they make money either way.
They use charts sparingly.
All top traders do is manage their risk and take advantage of the only truths
of the market - the ONLY absolute truths of the market.
For stocks that ONE Absolute Truth is this...
1) All stocks fluctuate in price.
For options there are two Absolute Truths...
1) All options fluctuate in price and
2) All options expire.
The top traders learn to respect these rules because they are the ONLY truths
of the market.
You might think there are other truths but there aren't.
Everything you hear about the market outside these 2 rules is hearsay, opinion,
commentary and even complete fantasy.
Of course you will never hear anyone on CNBC even mention these 2 rules because
they would have nothing to report!
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