Strategesis

From Safehaven.com:

The current price action in the marketplace pales in comparison to the world’s geopolitical tensions and deteriorating social mood. In my trading career, I have never seen the price action in the indices react so violently to intraday headlines and rumors. Risk is high and the types of traders profiting from this market are day traders and very short term traders with trades lasting just a couple hours to 24 hours in length. Aggressive trading which small position sizes is all that can be done right now. This is not meant to be investment advice, but more as a function of the market environment in which we find ourselves currently trading within.

Continued

This entry was posted on 2011-11-06 at 22:40 and is filed under market analysis, trading plan. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.