Thursday 30 July 2009

Cyclical Nature of Trading.....

The last few days have been yet another excellent example of the Cyclical Nature of Trading at work. After a few days at the end of last week when trading was tricky, we suddenly get two massive days in a row. This is why I keep saying how you must anticipate that you will have periods of small losses (but the aim is to keep these small) as well as quiet periods ( when you are uncertain of the larger degree picture), but as we have seen again and again and again and again, it is not long before the good trades come round again. This is just the natural way Profits and Loses unfold in the markets.....

Thanks, Steve