Traders Laboratory - View Single Post - Bullish Or Bearish
View Single Post
  #1 (permalink)  
Old 05-29-2007, 01:59 PM
thetradingdoctor thetradingdoctor is offline
thetradingdoctor has no status.

 
Join Date: May 2007
Posts: 123
Thanks: 0
Thanked 0 Times in 0 Posts
Bullish Or Bearish

Markets move because traders trade. Markets are neither bullish nor bearish, rather it is the combined emotions of over six million people which leads to conditions of either bullishness or bearishness. There are permabears who are always bearish and permabulls who are always bullish. The best traders go with what the market is telling them. The best traders leave any preconceived notions about the market somewhere in the far far distance. The best traders take advantage of what they see right in front of them. This is another way of saying: Trade what you SEE, not what you THINK!

Reply With Quote