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, May 13, 2012
Looking Ahead: May 14 through May 18, 2012
The crowded calendar focuses on the goods-producing and consumer sectors. April retail sales post Tuesday. Factory activity is updated with Empire State (Tuesday), industrial production (Wednesday), and Philly Fed (Thursday). Housing starts also are released Wednesday along with the Fed’s FOMC minutes later that afternoon.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment