Gap downs up to secondary weekly support is a buy?
Chasing momentum like a headless chicken.
Disclaimer: The content posted in this blog is for informational purposes only and it should not be taken as an endorsement or solicitation to buy/sell the aforementioned issues. The information posted here is obtained through personal research and analysis, reserving the right to change them anytime. Investing in the money markets is accompanied by substantial risks to one's capital.
Wednesday, August 10, 2011
Tuesday, August 9, 2011
I am a Trader
I am a Trader
a trader ALWAYS, and I mean ALWAYS, thinks of risk first
a trader understands the game is rigged and makes no excuses about it
a trader is patient
a trader understands that the market adapts and forces the trader to adapt with it
a trader deals in probabilities not possibilities
a trader has a plan and trades the plan
a trader understands there is no such thing as a sure thing, or free money
a trader is humble and understands they can’t understand every move in the market
a trader is disciplined
a trader is persistent (it takes a lot of time to absorb a feel for the markets)
a trader realizes that it is not their place to determine what is or isn’t “irrational behavior”
a trader understands they will not catch every move
a trader always has an exit plan
I am a trader, are you?
a trader ALWAYS, and I mean ALWAYS, thinks of risk first
a trader understands the game is rigged and makes no excuses about it
a trader is patient
a trader understands that the market adapts and forces the trader to adapt with it
a trader deals in probabilities not possibilities
a trader has a plan and trades the plan
a trader understands there is no such thing as a sure thing, or free money
a trader is humble and understands they can’t understand every move in the market
a trader is disciplined
a trader is persistent (it takes a lot of time to absorb a feel for the markets)
a trader realizes that it is not their place to determine what is or isn’t “irrational behavior”
a trader understands they will not catch every move
a trader always has an exit plan
I am a trader, are you?