There are many reasons commodity traders or even stock market investors fail. Read this email that was sent to me.
Remember the charts condense all the economic, political and emotional expectations. And yes, every stock market movement is geared solely by expectations, not the real thing……….
And that’s what they are telling now:
We are currently at a stock market peak and the down hill is just around the corner.
The rally since March 2009 is coming to a halt.
Put your helmet and check your safety brakes, for we have now a bumpy road way DOWN!!!!!!!!!!!!!!!! Those who sell short will now rule…………
The fat lady is singing now, so you realize that the aria (the recent rally) is over………
You have been warned.
Listen with your Brain
Sincerely
XXXXXX (name withheld)
What is he doing? He is predicting! How many of you receive or send emails like this? I have learned that virtually all markets…regardless if they are Stocks… Forex… Commodities all trend at some point. The Commodity markets, forex markets and stock markets act the same today as they have 100 years ago. Nothing ever changes. I can show you a chart of any commodity…a forex spread… or any stock… this chart will look the same. continue reading…