STI has been zig-zagging for the past 5 weeks within the range of 3180-3078. It's definitely a nightmare for traders. I can't do much with this kind of market. I'd rather stay in the sidelines to monitor it & give me a clearer direction before I go in.
The market is slowly drifting downwards to 3110 rather than up. It's not sunny, not flooding like Orchard road, It's just rainy days. On the positive side-- it's a good time to test your patience.
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
The Secret Recipe: Trading Success = Winning Trading System - U
Monday, June 6, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment