Many people have a question, brother, why did the CPI data come out positive but the market didn't pump??
First, understand, what is CPI data? What is its relationship with the market?
If the CPI data is good, it is definitely good for the market, but not immediately!! If it is good today, the market will pump like a rocket today!!
If the CPI data is good, it means that something more positive will come to the market in the coming days, such as money printing + rate cuts, the chances of these coming have increased!!
So first understand that if a good news comes out, it is definitely good!! But its implementation is gradual!!
And do you know why the market goes down even if the CPI data comes out good?
Because everyone knows that the market will pump, so those who do futures open long positions and then the market makers deliberately lower it to create liquidity!!
I say again and again that if you want to work in this market, you have to work with your brain, not with emotion!!
Let me tell you something, there is no point in getting angry, you can get money on interest, you can't sell your wife's property, you can't invest your land and get money, what will you do now?? So you need a bull run in one day???
This is not gambling!! You will become rich overnight!!
The only way to be successful in trading is patience!!
Read the biographies of great traders and see what they say!!