How Market Conditions Change the Quality of a Setup
Why the same setup can be useful in one market environment and dangerous in another.
Category
Market conditions, context, volatility, momentum, and how the environment changes the quality of every decision.
Why the same setup can be useful in one market environment and dangerous in another.
Buffett's famous idea about fear and greed is really a lesson about emotional extremes and waiting for the crowd to misprice opportunity.
One candle can look convincing, but the market around that candle decides whether it matters.