17 October 2016
Quote of the Day
Safety First!
If you are a first time trader, ignore all the reading here and go back to your Guru and follow his trading guidance. Many of the trading analysis may not be suitable for you.
Because we do not recommend anything here. We just passing along what we have read from the chart. We see wave, we read bar by bar. We look out for MACD signal. We fundamentally looking at support and resistance. We try to buy low and sell high.
We do not vouch for our analysis will win as it is very much depending on our trading rules and timeframe.
The true is No right, No wrong.
We are different from your Guru, that they are sure win.
Many expect the market to begin going lower, and this may last for many months. Why? Please find out more from many of the economic analysts. Some are expecting a slow down for US economy, and the slow down may last as long as four years.
You can read the story from The Wall Street Journal, Economists Believe a Recession Is Likely Within Next Four Years.
Manage your expectation, as Anthony Robbins ever said, All of our frustration in life come from unfilled expectations!
Please bear in mind that trading is a probability strategy. Just like business, there is no sure make money business.
Moses Stock Desk
AmiBrokerAcademy.com
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