Thursday, March 17, 2011

snake on the highway!

as i had shared earlier also

one of the most profound discoveries

a trader needs to make is

that the price in stock market

doesn't move in straight line like a missile

it moves like a snake in desert -

it wriggles in zig-zag sideways waves

to go forward!

the zig zag move is either because of

the pull-push between

the uninformed buyers or sellers

or the handiwork of "big-pocket" operators

whose aim is to confuse and scare-off

retail investors

to submission!

--

just look at the chart below

you will find every price chart

somewhat like this!

the price moves zig zag

but within a highway!

so, whenever price fluctuates

never get scared

just fasten the seatbelt

and enjoy the ride!

(assuming, ofcourse, you have double checked

from your "gps" trading method

where the highway is headed!)



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