terrific tuesday, page-51

Yes, a lot of noble sentimens here. Desires for a utopian world where markets are fair and go hand in glove with economies which run like well-oiled machines...

But we trade in the real world.

One where maxims such as: "markets can remain irrational longer than we can remain liquid" describe the playing field.

Perhaps the most common misbelief is that shares rise, top, fall and bottom in synch with the economy.

...Then traders scratch their head when they see bearish daily economic news but share prices rise.

Look at the charts, do a few fib projections, look at support and resistance levels, ride the trend, trade and make money.