A look at some of last year’s bulls some of which were
touted as Superbulls. How are they
now? Tired bulls? Spent bulls? Revived bulls?
Will there be a new herd for 2016?
Foreign Funds are reportedly coming in but what are they buying? Do you buy now hoping to catch bottoms or wait
for a better time to enter? When they tell you to buy, do they also tell you when they sell or when to sell?
How many times have you heard the question “How high is
high?”
Many generations of novice traders have tried to get a “Home
Run” and make a lot of money. They were
trying to catch the highest high, and then go short or lowest low, and then go long. Unfortunately, this trading strategy is
doomed to fail and most of the traders invariably lose their capital. The difficult task of getting the low-risk
high-probability trades is based on:-
Money management……………………………..
Highest high diagnosis (and vice versa) but this implies
that the trader is on a high level of the knowledge curve…………………………..
……………………….Identification of incoming trend…………………….
-
Dr.
Mircea Dologa
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