Traders' losses until October 26
"My calculation so 62% of traders will lose money until October 26. Not because markets will be weak, but because of combination of overtrading and trying to find the rotations. This is the S&P 500 midterm election year seasonality."
ℹ️ In shortLark Davis predicts 62% of traders will lose money by October 26 due to overtrading and trying to find rotations, typical for an S&P 500 midterm election year.
This prediction is awaiting verification.
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For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… So, come in, check it out. If you have not checked it out yet, seriously, come on in and check it out. It's awesome. Okay, continuing. Uh, by the way, subscribe to channel subscribe. It's free. Just subscribe. It's awesome. Anyway, continuing set a warning now. This is the start of the chop until October 26 from Ask Livermore. My calculation so 62% of traders will lose money until October 26. Not because markets will be weak, but because of combination of overtrading and trying to find the rotations. This is the S&P 500 midterm election year seasonality. The market tends to have a correction in the leadup to the midterms with the bottom usually coming in in early October. Let's see if this year is the same. Wouldn't be a shocking thing for the markets to be honest. Might even be a healthy thing for the markets. Markets run too hard too fast, particularly equities, not crypto. Please, somebody buy …
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