Thursday, January 28, 2010

Market Volatility in 2010

The Year 2010 proves to be a ferocious tiger which is proving hard to tame and causes lots of market volatility in the stock market. In my point of view, this is a year whereby trading should form part of your investing strategy. As a trader, we must always bear in mind that our anticipation of the stock price would never be 100% accurate. Market dynamics changes very rapidly, therefore it is essential that we learn to evolve and change our strategy in accordance with the market condition. As I am typing this blog, the US market is plunging very badly across DJ, Nasdaq and S&P500.

Some of you may realise that charting techniques do not provide a 100% percent reliability. To be honest, it will never be as the purpose of charting is to provide you with a general feel of the market sentiment and determination of trend line. This blog has been inactive for awhile as I was away handling some of my personal matters. From hereon, I shall make it a point to update this blog regularly to provide you with some insights and practical technique to be use in the stock market.