Let’s get one thing straight, if the market had a gender it would be female and it would be a very independent female. It does not belong, answer or yield to anyone for any reason. She does what she wants and the consequences taking place by her actions are beyond her reach and care. No matter how close you think you have gotten to breaking her, she will always throw you an unpredictable turn, whenever you think that you can feel safe by her side, there will always be someone else thinking that they are safer but in reality none of you are. The market has one weakness though, she, like most females, is attracted to shiny things.
Things that seem to be sparkling even momentarily draw the market to them, and those glistening peaks are what traders refer to as trends. It is common sense to know that when a trend is occurring in the market, it creates an attractive trading environment. However, what should also be common sense is that much like a woman’s enthusiasm it won’t last too long. A sensible trader knows how to move around a trend line and make a note of the parts that are important because he knows that just because the line is facing upwards it does not mean that it won’t go down as soon as he click the trade button.
Sensible traders are those actually investing time to get to know how the market works and how long her attention span lasts and are the ones who get far. These traders and investors are looking for business, they understand that dealing with the market isn’t just a way of making some easy and fast money, for them it’s work. Worthwhile traders take the time and study the trends, they know past trends and try to figure out any pattern connections of those trends appear again. They know that when new trends appear they should look into other similar trends and what their outcomes where. Successful traders are recognised by one thing, their analysis.
- See more at: https://goo.gl/4YlG3E
No comments:
Post a Comment