francisfinley stimpy wrote: Tue Jan 05, 2021 7:32 pm
FYI - don't need a response.
Google will advise you clearly on all of this.
Repeating what you already asserted doesn't make it any more convincing.
I don't tell anybody to do anything (I don't give advice), I want people to think (for themselves).
Empirical evidence:
Look at US100, US500, WS30 etc yesterday, H1.
Everybody can see that yesterday one should have been short (actually, that's why so many were short yesterday - except maybe you.)
You say; don't shorten ever; I give one example which shows clearly your axiom isn't true. Popper calls this falsification.
As I said: long term (investing) is a totally different matter.
But as your answer clearly showed, you don't differentiate between M1 and D1.
Point being: if your daily chart on US500 looked like the the M15 chart (yesterday) we would talk about a major crash - but we don't - it's the timeframe...
But that's why you LOVE your forum...