It's easy to get caught reading apocalyptic headlines and forget that the price already discounted that weeks ago.
It's easy to get caught reading apocalyptic headlines and forget that the price already discounted that weeks ago.
I read that news, but only to understand what the banks are talking about, not because I think I'm going into an operation for them.
The market is like an iceberg. You’re looking at the tip in the form of candles. The rest, the institutional flows, are moving on foundations.
If you don't deal with fundamentals, there's no problem, but completely ignoring them is like driving with the covered mirrors.
The only reason you don't see an immediate reaction is because that news was already "prissed." Just like that.
So I learned to anticipate, not to react.
There are weeks where the entire market is touring for a headline in Bloomberg, and others where it doesn't change, it's the game.
If it doesn't affect your timeframe and strategy, why worry?
Each story has its cycle. Some move the price in 5 minutes, others in 5 weeks.
Fundamental analysis is not an input compass, it's a general orientation tool. That's how you should use it.
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