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Wednesday, July 20, 2011

Ceiling Timing

Since I expect a lot of ceiling plays to come, would like to warned you that this is for experts only. Even experts and Pros get burned, what more for newbies.  I advise you to just watch and in case your hand is itching, just1 board lot and study, especially the timing and record it. I will not reply any queries regarding proper timing, pros will get mad, also, if it is known, another timing will arise. As I always said, the market always goes against what is common knowledge.

Some newbies will feel like superman when they win. Since they have the superman feeling, they will buy again the next ceiling play without any plan and may win again boosting his ego, until he will end up losing it all, including capital. I have been there before.

Just do your homework, I am sure you will find it.

In Trading, when you are absolutely sure,  it will not work.

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