No matter how smart one may think oneself, it is almost impossible to guess which market will go on a particular day or days. It is very easy to guess that when there is a big bullish or bearish indicators or news available, stock market will be bullish or bearish. But it is not possible to gain profit from this every time.
When one's country is attacked by other countries, market will certainly go down and it can even happen in situation like Iran war. But, when market is used to such events, then it becomes really very hard to successfully tell about the direction of the market. Market can take a particular direction in seconds. You cannot predict its top and bottom easily and also not the time when reversal will occur.
Today, Indian stock market behaved very strangely. My friends, including me were predicting that it will go down. But it suddenly changed its course and become bullish. It opened gap down and sentiments were bearish due to Iran war situation. But all of a sudden it started climbing up. I lost money because of it. A single new can change the mood of the market. I think I need more to learn but I have seen the veterans to bleed. This the the reason for my view that it is almost impossible to predict the market. It may seem something and may change suddenly without warning you.
