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, December 23, 2012
Looking Ahead: December 24 to December 28, 2012
U.S. budget negotiations dominated the headlines while economic data barely got a glance. The Bank of Japan met and acceded mostly to the wishes of the prime minister elect who will take office on December 26th after a parliamentary vote. The December 24th week is a quiet one with only Japan releasing its monthly slew of reports for November. However, activity will pick up the following week in the New Year.
Best wishes for a happy holiday season and New Year.
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