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.
A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Sunday, 12 June 2011
Thursday, 9 June 2011
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
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