Hey folk
Alot of traders that bought stocks at a higher price in Asia market would panic when they see the down move in the US market right now. Probably most of them cant fall asleep. They are hoping that the market would recover as much as possible so that when Asia market open tomorrow, they hope again their holdings dont fall too much. If a run up occur like yesterday, they will be so excited and presume the market have will recover so that they can unload whatever they have.
These are emotions!!!
The killer of your cash or risk capital. The reason for killing you, and throw you out of the market in a short period of time.
Now as i am typing, DJI is down 346 points. A rare big down day.Worst of all, when Asia market gap down tomorrow morning. Traders that get emotions involve would hope again that the market would go up soon or overanalysis the situation to try to find a reason that maybe artificial to comfort themselves.
Or they might like to listen to some hopeful words of advise, like "is ok is going up soon". "The support is there...quite near the price now" or whatever reasons.
The market is always right. Dont 2nd guess it or try to find any other reason to comfort yourself to hold the position. Should have already cut lost. Dont hope!!!Because using hope or luck analysis will kill you outright.
Friday, August 5, 2011
A very nice commercial and video
Hey folk
http://www.youtube.com/watch?v=MwKYjZ_8EcE&hd=1
This is a very nice commercial about trader. Enjoy!!
Some videos
http://www.youtube.com/watch?v=ORS64SkQHXk&feature=related
http://www.youtube.com/watch?v=7zxpCkuiL0Y&feature=related
http://www.youtube.com/watch?v=MwKYjZ_8EcE&hd=1
This is a very nice commercial about trader. Enjoy!!
Some videos
http://www.youtube.com/watch?v=ORS64SkQHXk&feature=related
http://www.youtube.com/watch?v=7zxpCkuiL0Y&feature=related
Bargain hunt! But dont buy now
Hey folk
Bargain hunt!!
The equity, Eur/USD, Aud/USD and crude slide further.
The swing day for equity indices dont work this time.
Pls do not buy now, Short list them and wait. Wait patiently.
Bargain hunt!!
The equity, Eur/USD, Aud/USD and crude slide further.
The swing day for equity indices dont work this time.
Pls do not buy now, Short list them and wait. Wait patiently.
Thursday, August 4, 2011
Gold
Hey Folk
Gold i do foresee Gold to hit 1800s at end of year.
For now, it will move up to about 1670s to 80s then a pull back.
Gold i do foresee Gold to hit 1800s at end of year.
For now, it will move up to about 1670s to 80s then a pull back.
DJI, Nasd, S&P500 Spot
Hey folk
There is a swing day in place for all these 3 equity indices spot market.
That mean to say a up move will come in, however
Nasdaq have to cross 2354
S&P500 to cross 1284
DJI to cross 12088
for more upside.
There is a swing day in place for all these 3 equity indices spot market.
That mean to say a up move will come in, however
Nasdaq have to cross 2354
S&P500 to cross 1284
DJI to cross 12088
for more upside.
Forecast accurate
Hey folk
This is my forecast on various dates and it really happen
http://amatuertrade.blogspot.com/2011/07/hey-folk-i-am-going-to-talk-about-us.html - 23Jul
http://amatuertrade.blogspot.com/2011/07/more-selling-to-come.html - 28 Jul
I have said that the US would not default on 23 Jul, i have said that the market will continue to weaken on 28 Jul and it all happen. These are no luck. This are all technical analysis with emotion out.
So what next???
I do not see a strong up run now. Rebound there maybe, but still weak.
Nth is 100%
This is my forecast on various dates and it really happen
http://amatuertrade.blogspot.com/2011/07/hey-folk-i-am-going-to-talk-about-us.html - 23Jul
http://amatuertrade.blogspot.com/2011/07/more-selling-to-come.html - 28 Jul
I have said that the US would not default on 23 Jul, i have said that the market will continue to weaken on 28 Jul and it all happen. These are no luck. This are all technical analysis with emotion out.
So what next???
I do not see a strong up run now. Rebound there maybe, but still weak.
Nth is 100%
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