'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Monday, December 20, 2010

Observe & Trade









Was not able to monitor the whole market up to the close today due to some personal issues.

Anyway, as I was looking all the four core charts today, I may conclude that there were lots of opportunities to trade.

It's just that I was not in the market from start to finish.

I missed a lot of opportunities.

Anyway, no excuses.

As they said, if you missed the first couple of hours in the market..."it's your fault"!