Monday, April 23, 2012

STI - Weekend Analysis

Over the weekend, I was analyzing many counters, I came to a conclusion that it's going to be difficult to trade on a Monday. It's either I try to make something out of nothing or I shall just leave the market as it is. Robin called me on the weekend and he said something like this.

"Know when to trade and when to wait! Don't squeeze up trading opportunity! Trade only on conviction!"

So today, I don't have any conviction and I won't be squeezing in any trades unless I see something later.

Ronald K - Market Psychologist - The Big Speculator