Friday 23 July 2010

A proverb

"Expecting the market to move your way because your indicators say so;
is like expecting a lion not to eat you because you are a good person"


What a nice proverb. Well I twisted it a bit. Its originally in other meaning. However I found it is nice so i twisted it and posted it here. We must keep in mind that the market is a living thing, and it will move to where ever it likes. Technical indicators or fundamental factors, they might be right but market will choose to goes another way and eat our money. (See first few chapters on "trading your way to financial freedom" by Dr.Van Tharp). What we can do is have good Money Management and Risk control.