This is a YouTube video titled "Demand-Driven Trading: The Key to Preserving Profits and Minimizing Losses" containing a monologue or single-speaker explanation about how demand factors influence price movements in trading, emphasizing the importance of understanding demand to minimize losses. The content appears to be educational or advisory in nature, recorded on November 7, 2023.
If, if the demand factors were still up by the 700s, what you'd see is a single digit give back 4, 5, 6%. Right. And by that, by that time, by the time you hear it and you have a chance to react and you call your broker or you go on your computer and you get on and, and either, you know, get out of the position or whatever, you're maybe you've lost 5, 6, 7% versus 14, 18 or 20%. You see the difference. And that's a, that's a major savings. Right. So I think it's important to understand that the factors of the demand are the driving force to where price is going. So if we understand where demand is, we automatically know where price is going next. Does that make sense?
