Been a while not posting any partly due to quite busy trading the markets in random way.
Though the market surge big time early in the New Year but it hardly move upwards.
Sure lots of in-home traders are struggling confronting the market.
Notice some traders blogger are not quite that active giving some advice/ideas as compared years back.
Is that a sign that they are giving up with the ups and downs of the market or they run out of opinions to described the markets going on?
Or some or most in-home traders decided to give up or they found a new job?
Your guess is as good as mine!
As for this struggling wannabe trader, i can say there's no way giving up loving the market.
The market is such a good friend, it gives you opportunities, lots of them.
First your sanity, if you don't know what you are doing you will suffer beyond your imaginable means.
Second, you will lose your wallet and maybe your love ones.
For it consumed your hard earned money and also the most precious of all - your time.
And lastly, after experiencing lots of hardships and debacle on your being, the rewards are forthcoming.
You will learn how to trade the market beyond its randomness and the opportunity sets it.
That's where the time where all your losses starts to recover.
Trading is a process, its like planting a fruit tree that originates from a seed.
You have to nurture that seed until it starts to grow as a tree and starts to bear fruit.
Sometimes it takes time to bear fruits that's why you have to fertilize it.
'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, January 28, 2013
Thursday, January 3, 2013
The Market Surge...Big Time!
The market leap vertically welcoming the year 2013 with a big bang.
Trading Wednesday's market was a bit tricky for it surge early in the open only to lose its steam almost the whole trading day.
Was able to recover late in the trading day regaining its momentum.
For Thursday market, seems it might stall a bit and maybe will just consolidate.
But i guess the strength is still intact and might make a tight move upwards.
Trading Wednesday's market was a bit tricky for it surge early in the open only to lose its steam almost the whole trading day.
Was able to recover late in the trading day regaining its momentum.
For Thursday market, seems it might stall a bit and maybe will just consolidate.
But i guess the strength is still intact and might make a tight move upwards.
Tuesday, January 1, 2013
Happy New Trading
This year of 2013 hope would bring some kind of market improvement to our trading endeavor.
Been a while trading and figuring out how to trade the market well.
As the years passed by participating in the market, i can say trading the market is all based from the trader itself.
It's all in participants emotional behavior and well being.
Once you figure it out that its all about one's psychology, you can easily absorb how the market works.
It's not all about the technicals or market fundamentals, its all based from one's understanding how to participate in the market.
That being said, trading as all about managing one's emotions and working on yourself towards the market.
Been a while trading and figuring out how to trade the market well.
As the years passed by participating in the market, i can say trading the market is all based from the trader itself.
It's all in participants emotional behavior and well being.
Once you figure it out that its all about one's psychology, you can easily absorb how the market works.
It's not all about the technicals or market fundamentals, its all based from one's understanding how to participate in the market.
That being said, trading as all about managing one's emotions and working on yourself towards the market.
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