For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

The Secret Recipe: Trading Success = Winning Trading System - U


Monday, June 7, 2010

Does Everything Changed Again?

It's news driven time. Before Friday, the market looked to the bullish side, then the Unemployment data seems changed the direction totally. With Dow lost over 3%. The bulls seem don't have chance to fight back any time soon. The bias is-- obviously to downside. It's silly to say this after it already happened. The fact is when the $VIX get over 30s, with the kinda of big volatility, market will swing up and down in big range.

I don't think it's time for"bottom fishing", it's not the time yet. It's trader's market, not for investors.

2010Jun-Straits Times-800x600

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