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Tuesday, December 20, 2011

Price Action and News

When I was a newbie, I believed in what the news and blogs says, and I lose a lot of money believing them.
When I just watch price action against the news... my portfolio change dramatically. Bloomberg, CNBC and other economic gurus does not concerned me anymore.

I remember as early as 2005, bearish news all over.
And I read that the market since early 19th century, has been moving 60% of the time in bearish sentiment.
So, how can you trade???


Some experts suggested isolation - no business news, no Wall Street Journal, no listening to other traders, just you and the markets. A. Elder
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