Often times Market is to lucrative to give up and the tendency is to shoot for the BIG GAME and make a million bucks and retire, or something thing. I have seen it done it and lost it. Its one sure fire way of creaming your trading account in one swipe. Margin calls follow, and accounts get flagged and closed. This is true for a day trader who is trying to scalp for pennies and once in a while he bets the farm, and often to the wrong side of the market.
Top heavy market meets a sell off in the last hour of trading. Due to this sell program lots of selling came in in last 30 minutes of closing. Here is a quick video for the market… [Content protected for Gold members only] MEMBERS SIGN IN HERE This content is only available to members. If […]
This is a bull market and it can upset all the weak of heart traders and bears. The market has been extremely overbought in the past few weeks , yet it keeps going higher inch by inch and has shown no signs of pullback. At least we should see some drop somewhere, because nothing goes […]
Those of you waiting for the market to crash and burn, I got news for you. This is not 2008. We don’t see roller coaster rides 400 points up and 600 points down. It used to be that a 300 point movement in DJIA was considered nothing. Not any more. Not now. Since Obama administration […]
Today is September 11, 2009 a somber day for many traders in New York 8 years ago. Market action bit overbought. Indexes all retreating a bit in early sessions, tick positive. Here is quick re-cap of whats happening now. [FLOWPLAYER=http://indexoptionstrading.alliancemtg.com/wp-content/uploads/2009/08/MA091109/MA091109.mp4,540,333]
Today is 09/09/09. You and I will never see this number again not in 100 years. Its our lucky day or what ? Fed says the worst recession since World War 2 is over. The market looks robust, yet dipping back into the channel. Take a look… This is the kind of videos you get […]