It's Christmas and all traders/investors are enjoying their holidays.
Been browsing trading sites and news about the markets but most are all days old or a week and some are months old without any updates.
Probably most market participants got tired with usual up and down movement.
Can't blame the market participants for the market is a news driven direction.
Fundamentals at this time in the market just doesn't work as well as with technicals.
What work is the day to day market movement reaction.
Unless you can adjust with the unpredictable market movements and take advantage with the patterns, you can't participate with the opportunities that the market offers.
That's why day traders love the market (daily) for they can anticipate the market potentials.
Looks like some market participants got burned with the abrupt movements of the market, sometimes most big moves that affects the market happened overnight.
Most positions got stopped out during this session, that's why most traders/investors lose most of their investments.
As the year ends with a few trading days left, looking forward (next year) that volatility in the market will lessen.
Hope that economy will recover smoothly in the next coming year and the market will stabilize.
And all traders/investors can recover with the market anxiety.
Merry Christmas to all!
Saturday, December 24, 2011
By John Mauldin:
• No benchmark to meet quarterly (or monthly), so you can have longer-term time horizons and different goals
• You can enter or exit a position without impacting markets.
• There is no public scrutiny of your holdings and no disclosures required, so you don’t have to worry about someone taking your ideas.
• You don’t have to limit yourself to just the largest stocks or worry about position size (this is huge).
• Cost structure, fees, and taxes are within your control.
• You can reverse errors without professional consequences – you don’t get fired for admitting a mistake.
• You can have longer-term time horizons and different goals.
And with those thoughts, good luck and good trading in 2012!
Individual Investors Have Certain Advantages Over Institutions
One final thought. Smaller investors do not realize that they possess quite a few strategic advantages – if only they would take advantage of them. Consider these small-investor pluses:• No benchmark to meet quarterly (or monthly), so you can have longer-term time horizons and different goals
• You can enter or exit a position without impacting markets.
• There is no public scrutiny of your holdings and no disclosures required, so you don’t have to worry about someone taking your ideas.
• You don’t have to limit yourself to just the largest stocks or worry about position size (this is huge).
• Cost structure, fees, and taxes are within your control.
• You can reverse errors without professional consequences – you don’t get fired for admitting a mistake.
• You can have longer-term time horizons and different goals.
And with those thoughts, good luck and good trading in 2012!
Friday, December 23, 2011
The market rolled and Santa bought the market in time for Christmas.
Buying the market in the open and sell it in the close is the right trade for today.
Though it's Friday - a usual profit taking day, what was left in the market are the investors.
Traders are already on a holiday enjoying their profits.
That's why the market went up smoothly, no volatility!
Buying the market in the open and sell it in the close is the right trade for today.
Though it's Friday - a usual profit taking day, what was left in the market are the investors.
Traders are already on a holiday enjoying their profits.
That's why the market went up smoothly, no volatility!
Showing the concluding trade that was just conducted.
The entry was at the bottom arrow and the exit was at the top arrow.
Notice the entry was at the R1 and the exit was at the R2.
A perfect classic trade of support and resistance.
A smooth trade, no noise!
Probably the HFT are already celebrating their Christmas loot.
The entry was at the bottom arrow and the exit was at the top arrow.
Notice the entry was at the R1 and the exit was at the R2.
A perfect classic trade of support and resistance.
A smooth trade, no noise!
Probably the HFT are already celebrating their Christmas loot.
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