Market Analysis for Oct 24th, 2022

Oct 24, 2022 - 3:36 PM EDT

This is the greatest and toughest game you'll ever participate in.

Let's be real here comrades, today we made it out alive, kicking and screaming. It was not an easy day. Quite bumpy actually.

Gotta trust the process and system throughout the course of a larger sample size. Not 1 day, not 1 week, not 1 month. Observe and learn.

This game is mentally exhausting, capital intensive and risky. It only takes a few clicks to blow it all up if you do not manage risk.

To paraphase of one the greats: in order to strive in this business, you best be ready for the fight of your life. The biggest enemy is you.

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.

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