Wednesday, September 5, 2012

STI - Stress

I can't force myself to short the market today. When everyone is doing the same thing, I better be on alert and not follow the public. When the market opens, of course most stock will come down first and there after it's wise to take some profits and watch first. In my course, I preached what I said and that was to take a 1 pip profit in Noble so as to avoid the reaction we are seeing in STI now. I can already see this reaction on last Sat and Sun and so therefore I was left unscathed.

Ronald K - Market Psychologist - The Big Speculator