Post
Topic
Board Trading Discussion
Re: How do you know if current prices are corrected or going to correct?
by
fullhdpixel
on 16/11/2021, 16:18:41 UTC
The current prices at any given time, how do you know if they are going to correct or are already corrected?

Like the prices atm.
There’s really no way that you’ll be able to tell when the market is going to be corrected or whether it has been corrected. Mainly what traders do in the market is just to keep speculating on what may happen and sometimes it do happen and sometimes it doesn’t. So, it’s not like there is anyone who is able to see what’s going to happen in the market and that just keeps happening, it doesn’t work that way, it’s just something that may or may not happen. So that’s why they say the market is all about speculation and nobody knows it all.

Though analysis can help you to know where the market might actually be heading to, whether it will be going down or likely to go up, but it doesn’t tell you the exact price it is going to land at. And even at that your , analysis can even end up being wrong.