Emotion Pendulum - Greed Or Fear ?

Emotion Pendulum - Greed Or Fear ?

My Trading Quotes

The best trading method is to take advantage of the crowd's greed and fear. One must be able to read the current level of the market's hidden energy to be a master trader. A low-risk, high-return trade is a trade that is aligned with fundamentals and opposite the current market peak emotion. ----------------------------------------------------------------------Jimmy Chow

Friday, November 24, 2006

Crowd Mentality

Crowd mentality changes slowly, and price patterns recur, albeit with variations. Emotional swings provide trading opportunities, while efficient markets chop up and down, offering no edge to traders, only piling up their costs.----Dr. Alexander Elder

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