This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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Thursday, September 2, 2010
Don't get whipsawed to death
Don't get whipsawed to death. A larger wave is made up of many small ones. Timing is everything. Don't die the death of a 1000 mini cuts. Wait your moment especially when account equity is small. If you are don't know what the market is doing, meaning to say there is no clear signal as far as you are concern, maybe that's just it, the market does know either so in the mean time it bounces up & down. If your account equity is not up for it you will puke it all back. So trust yourself , Be Still ! The sign of a matured trader.
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