It's the ability to believe in the unpredictability of the game at the micro-level and simultaneously believe in the predictability of the game at the macro level that makes the casino and the professional gambler effective and successful at what they do.
It's the ability to believe in the unpredictability of the game at the micro-level and simultaneously believe in the predictability of the game at the macro level that makes the casino and the professional gambler effective and successful at what they do.
What can't go up must come down.
You don't have to be very smart.
You just have to avoid being stupid.
"It's remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent." - Charlie Munger
KIV toward bearish
- Rising wedge formation
- Price losing momentum
- Price broke trend line
Lets see. Let the set up come to us.
“The secret of happiness is freedom, the secret of freedom is courage.”
Bearish
- Inverse HS
- Inverse Cup and handle
- Broke upward trend
- Price at major S/R level / neckline
“Failure is simply an opportunity to begin again, this time more intelligently.”
Bearish
- Inverse HS
- Multi rejections upward trendline
- Multi rejections major S/R level
- Bear flag
- Multi rejections at 0.5 fibo retracement
“It always seems impossible until it's done.”
Bearish
Too big to fail ?
- Inverse HS
- Double tops
- Inverse Cup and handle
- Price at major S/R level
“We are what we repeatedly do. Excellence, therefore, is not an act, but a habit.”
Bearish
- Double tops
- Inverse head and shoulders
- Inverse cup and handle
- Bear flag
- Broke down neckline
- Broke down trend line
Everything bearish appeared here.
“A quitter never wins and a winner never quits.”
