I don't know the answer to that but I suspect there is a lot less of the cartel type manipulation that goes on in the stockmarket(allegedly).
I have been gifted a system that works very well based on a breakout at 08:00 a.m. and have been following it for many months-so this morning's short was taken and closed out early, as I am still trying to build confidence in my own trading, but it is a classic example of the chart saying one thing and the market doing another. It is a reminder that when testing any system, we have to be honest about the failures and if the system is based on chart patterns we tend to have a bias(endowment theory) and look for the winners when we should be looking for the losers, which should be far outweighed by winners. It's a bit like peeling potatoes, you look for the bad bits.
Anyway, if my thoughts are reaching anyone, have a great day and remember I can now offer real help with debt-especially if it is a combination of personal and business debt.
Thursday, 22 April 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment