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, March 20, 2009

Reflected

 John Murphy: “The statement ‘market action discounts everything’ forms what is probably the cornerstone of technical analysis. [...] The technician believes that anything that can possibly affect the price–fundamentally, politically, psychologically, or otherwise–is actually reflected in the price of that market.”

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1 comment:

Unknown said...

nice post yar.... thanks a lot..

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