"Buy on fear, sell on greed !!!
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Successful Trading Means Being Accountable…Are You?
Richard heaved a heavy sigh. He was thoroughly perplexed, confused, frustrated and dejected as he struggled to understand why the stock he was trading had taken a dive in the late afternoon. The Earnings Report had good news and what’s more, the Bloomberg analyst noted that it should rise. Well, it did, just before it crashed…with him in tow. He thought he had read his Stochastic, MACD, CCI and Bollinger Bands accurately; and of course, he still had 3 moving averages and his RSI to rely upon as well. What was wrong? And, why did he continue to lose, over and over. Had not his trading buddies told him that this ... (full story)
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let the chart to be your chauffeur ... -Forexmnstr-