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 21, 2013
Looking Ahead: April 22 through April 26, 2013
After an initial scare Monday afternoon and into Tuesday’s Asian trading session, the bombing at Boston’s marathon appeared to have little influence on the global financial markets. Investors sold because they were disappointed by a combination of economic and earnings data that did not meet expectations.
The calendar is heavy with market moving events next week including the all-important flash PMI indexes for China, Japan, Eurozone, Germany, France and the U.S. And the UK will release its first estimate of first quarter growth.
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