Friday, January 21, 2011

Where is the market headed? Where is your ego?

Financials up ......
Financials down........
The market seems to be moving all over the place.

Pick an equity, pick a direction and be convicted of your choice. However don't let your ego get in the way of your trade.The way to combat that is to have a stop loss in mind.
Your not wrong you just have to know the direction of your pick.

Step in and step out but have firm footing and don't let your emotions take hold of you. The market is a mind psych so stay grounded and you will land working your way to accumulating your profits.

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