Markets are made up of two types of people:
those managing risk… and those becoming it.
Sellers… and the reason there are buyers.
The headline… and the fill on the other side of it.
Thank you for playing.
They see red.
You see inventory.
Position was built before the panic hit. Size was added while everyone else discovered “discipline.” By the time it’s being discussed, you’ve already improved cost basis and moved on to the next entry.
Funny how that works.
They’re trying to stop the bleeding.
You’re deciding how much to take.
