'WHERE PATTERN SPEAKS FOR ITSELF' - OBSERVE&TRADE

Thursday, August 14, 2014

Be Adaptable!

Been a while not posting something about the market on this humble blog, but been doing trades with the Gold market regularly except that seems don't have that much 'time' to post(s) trade ideas lately. I also notice some of the trader(s) blog I follow are not that in the blogosphere anymore. Seems they opted to the latest trend in the technology, the twits or in the instagram?

There seems lot of changes in the market participants behavior the past year or so, gone are the days of the detail trade ideas that are being posted, the 'amateur' ideas are not that quite visible or they lost their 'lust' in the market? I prefer the 'amateur' ideas, because they are real ideas in the market, you can learn a lot from them, as compared with the 'pros' kinda, which they post for something to subscribe to their ideas and their main agenda is to 'sell'.

This is the benefit of participating 'alone' in the market, you can have your own idea in the market, without having or getting bothered. You can make your own decision, and the good thing about that, is that, you can execute your own trade ideas the way you understand how the market works.

Anyway, much things had happened in the Gold market the past month or so, some pros are so frustrated with the Gold market movement lately, they 'suspect' it was being manipulated. But as what Charles Kirk pointed years ago, you don't need to get carried whether the market is being manipulated or not, you don't need to complain about it, what you need as traders do, is to capitalize on it. If you are smart enough to be in the market, you should know that.

If you can capitalized on markets 'manipulation', you can make money from it, that's the beauty of participating in the market, and that should every traders do - be adaptable!