Hi Crown,
Once you devote enough time to the market & its learning, coming to a reasonably correct conclusion will become second nature....
Coming to.....what I have written about January will take a little time.... in understanding..... start with trying to identify trend correctly for 2-3 days.... and keep increasing the time frame...... & you will get to it.....
If you look at the long term NF from where I have a buy trigger on NF & BNF (Separate thread) which is from March 2009.... to identify & ride the trend....like that requires a lot of conviction... there are only 2 more guys besides me from TJ that I know who took up the position at the time it had triggered BUY...both NF & BNF.... needless to say.... we are still holding.
You know what is the funniest thing is that on CNBC (U.S.) & ofcourse our local cartoons.... have been....talking for last 3-4 weeks saying we are in a Bull market since March 2009, wish there recordings of march or even as recent as June 2010 be pulled out to see what they were actually saying... I have no patience for such misguiders...& pretty meciless on their comments
Happy & Safer Trading
SavantGarde
Once you devote enough time to the market & its learning, coming to a reasonably correct conclusion will become second nature....
Coming to.....what I have written about January will take a little time.... in understanding..... start with trying to identify trend correctly for 2-3 days.... and keep increasing the time frame...... & you will get to it.....
If you look at the long term NF from where I have a buy trigger on NF & BNF (Separate thread) which is from March 2009.... to identify & ride the trend....like that requires a lot of conviction... there are only 2 more guys besides me from TJ that I know who took up the position at the time it had triggered BUY...both NF & BNF.... needless to say.... we are still holding.
You know what is the funniest thing is that on CNBC (U.S.) & ofcourse our local cartoons.... have been....talking for last 3-4 weeks saying we are in a Bull market since March 2009, wish there recordings of march or even as recent as June 2010 be pulled out to see what they were actually saying... I have no patience for such misguiders...& pretty meciless on their comments
Happy & Safer Trading
SavantGarde
point noted and now will try to understand and implement.