First, you need to know what are you buy and why do you buy it.
Seconday, Compare what have happen in the past and compare with present environment... the important of this it that you need to identify the difference ... this is the import and will lay the foundation of the trend.
Third, Identify the new changes or future changes .... try to stick with the trend and you will be 80-90% correct ...
===============
Today data is very bearish, but should we be buying bond or dollar ... well there will be alot of supply from time to come so I think you will got your pieces sometime in the future.. so I am notgoing to be a bull on this one ..
Althought consumer confident is down but it did not take down the equity much as I think it would be .... stock still want to rally , so I think by end of today trading session the market, the S&P will be up.. stay tune for this
Still maintaining my long on S&P, will reduce position when opportunity araise or signal changes
=============
Oil is in bearish market since last week but it still hold out well @ 65, if this a real bear I think the oil will $60 by now..
Will still hold on to long hope will go as planned...
I don't jump a round trading cause I ended earnning notthing, I always plan my investment and pick my selection carefully... I alway fail when i jump my ship too early ...
Daily market is very massy nowsady got to becareful when handling it...
Hope every trade will grand today..
Subscribe to:
Post Comments (Atom)
Posts
thx preditor for this great site..
ReplyDeletehm i also think trend could go on or some sideways movement ..
http://www.timingcharts.com/index.php
small traders (dumb money)still short, they arent often allowed to make money.. first they must go long than it will get very dangerous..
Thank you for your link ...
ReplyDeleteYes... that is one of the reason market refuse to make correction cause market is just like a boat cannot have everu\yone at the sme side