The market had one bad news after another last week. FNM, FRE and IndyMac are in trouble. Iran missile testings also doesn't help the markets. The list goes on....... Any attempt by the Bulls to rally up the market failed miserably.
The market is in its exciting period. Lots of volatility. Lots of traders lose money to the market makers. A lot to learn for all. We shall see what happens next.
During this period, I tends to trade intra-day rather than keeping my trades overnight.
PersianCat (Millionaire-in-progress)
Trade Like A Persian Cat reminds me that I should be like a Persian Cat, waiting for the right setup to trade and not act on impulse. This blog documents my trades, thoughts and reflections in playing Options in the US Market. "Bulls make money, Bears make money, Pigs Get Slaughtered, Cash is King"
Who Am I ?
Interesting Read
- Are You An Academician Or Practitioner?
- Are You Winning The Battle?
- Comic Strips
- Guidelines For Intraday Play
- How The Markets Really Work
- Jewish Holidays 2012
- Optionquest Online Game
- Play One contract only !!!
- The Average Investor Mentality
- The Market Cycle
- US Market Holidays 2012
- Who Are You Trading Against?
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