When we set out to "trade/invest" in the financial markets, what is our objective when we talk about how long we intend to hold a position? Intra day or "long term"? Definitely the word "long term" is rather ambiguous until we DEFINITE the meaning of this word "long term"
For the sake of argument, let us say we define the word long term = one year or 6 month. Than why on earth are you looking at the screen quotes and charts every day and hour!!!!!
CAKAP tak serupa bikin!!!!
To resolve all this confusion, we must have clear definition of the things we set out to do covering all different aspects of exploiting financial market opportunities.
Right from TIME FRAME, products selection to funds allocation and risk management .
If you are going to react on every price tick than your time frame is INTRA DAY
Sit back and think over what you seriously what to achieve
MERRY XMAS and HAPPY NEW YEAR
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