Welcome ... Day Trade The SPY Live with Market Trader Tao

The Market Trader Tao
NeboXian's Day trading journal
is updated live during NYSE market open with observations , technical analysis and trades as they happen.
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Wednesday, August 22, 2007

FIVE


Avoid The Wipe Out!

The market is indifferent to all.

As the moon is to the Ocean, so is the market to the trade.

The wise trader is indifferent to the trade.

As the tide is to a sand castle , each trade is as a straw dog.



Market sectors are as oceans, each with their own kind.

Rise and fall of a wave, as a clock in time.

Space between the waves are as sleeping volcano's.

Compressing down yet building up.


The Fifth Constant Market Trader Tao

"Large waves require patience and commitment.
Medium waves expect endurance and strength.
Small waves demand attention and agility.

When searching for starfish in the tide waves, A wise trader always
knows
where the big waves are."
Neboxian



T
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