The SPY has have had huge moves the last 2 months with a severe down move followed by a huge recovery. Participating in long positions now maybe a little dangerous as I think the market deserves a breather after such an exponential move. Hence, a reduction of your normal position size is still my mantra for now. Try to get in only those positions that are of high probability and potential moving forward for the week.
We held a good SharesEdge Foundations Class on the 30th of September, and had very good reviews from the participants. If you are interested in the next class, it will be on the 10th of January 2015 (Saturday). You may register at the the program section of the website @ http://sharesedge.com/program.
Marc Liu is a trader, investor, and educator. He was a professional gamer competing as part of Team Singapore, and has travelled extensively on sponsorship trips to as far as Europe. As a former head equity dealer in a financial firm, he brings valuable insights and experience to the masses, and focuses on portraying the reality of the markets with a look to trading the markets in a logical way. Marc is a sought after speaker and has taught at private equity firms and is also a contributing columnist.
You may visit his website at: www.sharesedge.com
Learn core skills and establish a well-rounded knowledge of fundamental and technical principles to be a successful intermediate term trader and/or investor. Click here for details on the next session. Alternatively, you can email SharesEdge with your name, email address and contact number for information on the next available session.