WillNixTrading

SPY - Your Guess is As Good As Mine

AMEX:SPY   SPDR S&P 500 ETF TRUST
Whats up Traders -

Been laying low in the trading world due to some disagreements with my overlords here at TV.

The Charts Are confusing - IMHO - And this is a good time to remember a few trading principles that Ive learned, the expensive way, over the years

1.) You can see whatever you want in the charts. TA is an art more than a science . . Its not the only ingredient in the cookbook.
2.) Question your ideas, Question them Again.
3.) Don't forget Fundamentals - What are the fundamentals of the economy telling you?
4.) Don't forget Sentiment - What is the sentiment in the trading world telling you? Which direction does the herd WANT to go

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