“When the majority are satisfied and there isn’t a cloud in the sky, the action to take is to run in search of a place to take shelter from the rain. It is the calm before the storm.” (From Nikkei BP's publication 'Day Trade')
"Chapter 2: Mental Training for an Excellent Trader"
From "If the sky is clear of clouds, be on alert."
" The market seems to have no interest in calm times. Please remember that the financial system as a whole is not designed to reward the majority. Therefore,when the majority are satisfied and the sky is cloudless, the action to take is to seek a shelter and run to a place where you can take cover. This is because it is the calm before the storm”
Nikkei average market peak update!!
High-styled trading!!
is getting everyone excited, isn’t it?
Is this what they mean by a "cloudless sky"?
The Ichimoku Cloud is far below… that’s not what this is about.
There will surely be a rare major market movement, so should I ride the trend?
If I jump in now, I’ll be riding on the side of the majority’s wagon, I wonder?
Anyway,
to avoid the worst outcome, I would like to prepare for shelter from the rain.
Survival is the most important thing.
The future is unknown to anyone.
Should we really trust what analysts say? (laugh)
Until next time.
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