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spoonlines (July 21, 2008 at 2:35 pm)
They think they were Mr. right guy for all the job and thinking beyond the the limitation of psychology. the true is market it about people psycology about disagreement in price and agreement on value. it all back to human behavior and the the true psychology of market is what all the people best to their course of creating "the market".
AirelonTrading (July 21, 2008 at 2:20 pm)
Thank you kindly mate, and I would absolutely agree. That's the best we can do. Look for an opportunity, and then apply money management.It's funny around the net though, how many people I see that think they can predict the future. They were telling everyone that "BAC will definitely cut the dividend", when in fact, there was no way to know. Sad thing is, that there is no convincing people like that - that attitude is what is sinking them in this market.
spoonlines (July 21, 2008 at 2:08 pm)
Hi Dan,Surely none of us can predict the market and we also know that we are not a God. It big problem to me also that i couldn't see also are there investing opportunity, grab a little a shut it off fast. I'm in currency trading right now(still new actually). I think it time to let it market find it path first, let them run which is the correct path and i just sit and watch until a good opportunity come.Thanks Dann you truly a Guru. ;) |