There's money to be made every single day in the markets. Yet, more people lose it than make it. How weird.
Look at the current volatility. Every 3 days when the market is one directional (be it up or down), it would be time to go the opposite direction. Because somewhere along the line, the market ALWAYS finds an excuse to go against the majority.
Yet very few people see it.
It's so simple to just see the big picture, look at the general trend, and follow it. Yet few people have the discipline to stick by it.
Greed is a horrible, horrible trading emotion to have.
Happy trading.
Sunday, October 09, 2011
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