I believe we are in the early stages of the greatest trading period of the markets history. “Buy and hold” has been dying for a long time. The final nail in the coffin has been hammered. It’s finally dead. Investors don’t want to hear that because people fear change. Investors run to mutual funds because they think they’re safe and will profit. Wrong! They’re only being raped financially. It’s only the people that recognize change in the beginning that are in a position to lead the herd. If you’re an investor, you'd better go to all-cash positions, or learn how to trade, so that you can actively and intelligently participate and profit from the trading environment that we are currently in. I believe this trading period will last for a LONG period of time. I’m strictly a technical pattern recognition/trader, even though I devour market data. The bull market appears to be over and the bear market is beginning. How long the market will consolidate inside the flash/crash day (May,6), high and low remains to be seen. Volatility = profits… but only for those bold enough and adventurous enough to take advantage of it!
Definition of trading, buying and selling securities or commodities on a short-term basis, for the purpose making quick profits. Hope it helps
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.