We are traders and masters of risk. When you become pro you stop over analysing and all you do is sit there, and wait, and wait, and wait some more until you find the perfect trade. What I am saying is that the market makes all the decisions. Our only decision is to listen, feel, and respond to the market’s siren. Always and without exception. Remember, the market never lies. It is only we who lie to ourselves.
Sunday, April 29, 2012
Looking Ahead: Week of April 30 through May 4
The focus is on the consumer, starting with personal income and spending on Monday. Motor vehicle sales post Tuesday. ADP gives a hint on private employment at mid-week. And the highlight is Friday’s employment situation for April. Other market movers include ISM manufacturing (Tuesday) and ISM non-manufacturing (Thursday).
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