What now….
We are coming to the end of the 2nd quarter. The curreny outlook is still dismal, with oil prices continuing above US140 and US stock markets are being battered down. I think many investors are going to sit on the sidelines until they’re more certain the “BEAR” sharks have left the waters and it’s safe to go back in again.
It is necessary and important for trader to make quick and astute decisions with careful planning. He should be also cautious in the current setting too. Astute traders use their intuition to make trades, but they also think like an intuitive scientist developing educated guesses and seeing if they pan out.
It is vital to analyse the stock markets to understand them, and develop your own personal theories as to how they operate. The more you can develop these theories and use them to guide your decisions and trading plans, the more profits you’ll make. All the Best!
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