If you're a new trader, and wonder what's going on....
Please read this
FOMC Decision And The Markets
In order to make money at trading, you need to know when not to lose money at trading. Many of you will be watching your MA crossover systems, trying to make sense out of every twitch of the charts.
There are times when what is happening, fundamentally, should override your devotion to Technical Analysis. As you gain experience, your ability to apply background information to your chart studies, will enable you to assess a trading decision's risk more accurately.
There are certain times in a trading cycle when Account Preservation is more important than Account Growth.
This is one of those times. Consider if you actually want to be trading at all, at the moment. If you decide to so do, then tread cautiously.
Please read this
FOMC Decision And The Markets
In order to make money at trading, you need to know when not to lose money at trading. Many of you will be watching your MA crossover systems, trying to make sense out of every twitch of the charts.
There are times when what is happening, fundamentally, should override your devotion to Technical Analysis. As you gain experience, your ability to apply background information to your chart studies, will enable you to assess a trading decision's risk more accurately.
There are certain times in a trading cycle when Account Preservation is more important than Account Growth.
This is one of those times. Consider if you actually want to be trading at all, at the moment. If you decide to so do, then tread cautiously.