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

Wednesday, September 28, 2011

Traded out at 11220, it drops suddenly, just gain 30 points...the market bows out suddenly...
Reducing my limit sell to just 11250...to much high for the 11300, it's too "vertical" for a short range...
Moving stop to break even...11190...
Put sell limit at 11300...
Bought YM at 11190 with stop at 11150...
See how the market behaves when traders explore any opportunities?

No matter how you analyze the market based from its current state of unpredictable directions, any kind of advance mathematical formulas, in my mind it is just a waste of research.

That's how I can size up the market.

There is no exact entry or exit price to trade the market, unless you do it by yourself.

The market is a self-understanding endeavor, to each is own to say the least.

There is no one who can teach you/us how to make money.

Because when the market is open everybody is struggling to make their own.

It's important to study the market based from self-understanding.

Market is a self/individual work, not necessarily relying from others.

Making your own trades based from your understanding is the best way to get involve in the market.