trading

trading

Sunday, 12 June 2011

S&P-500 Now.




Getting close to March lows and possible support area around 1250 level. Possible turnaround this week. As always, wait for the market to confirm your judgement before you act.

Thursday, 9 June 2011

Rolling over into correction mode.


You can tell the weakness of a market by the way it rallies not by the way it declines. 


Staying in cash and out of the market is a strategy.

The one technique that most traders fail to learn and use is that no trade is often the best trade. When it comes to the market, there will always be another opportunity, so a lost opportunity is not nearly as damaging as a loss in capital from overtrading. You don't have to have a trade on all the time.


                       

Change.

It is not the strongest of the species that survive, nor the most intelligent, but the ones most responsive to change. 
-Charles Darwin

Charles Darwin

Remember!

          This, too, shall pass.