The Reddit Gang (as I call them) has really created a lot of excitement and a lot of fear as well. Many traders with weak trading systems or strategies are questioning their ability to earn consistent profits.
This can be fixed by learning "classical technical analysis" and using the 3 Pillars of my trading system.
In this trade idea on Silver you will notice that the moves began long before the Reddit Gang decided to partake.
Smart Money has been moving into this market for quite sometime and if you know how to read the charts to see the foot print of Smart Money as they acquire shares throughout this accumulation phase, you could be on the right side of the trade, and trade with the Smart Money... not jumping in late to the party with the Reddit Gang only to watch the price reverse on you.
The first chart is a Daily time frame, the second chart is a Weekly time frame showing how the Smart Money has been acquiring for quite some time.