Trading Wisdom No. 4 – One Price Trading

We trade ONE PRICE only out of tens of thousands of daily price movements, which is the CLOSING PRICE of the day. So why bother following the market, those price fluctuations are just illusions to us. Only the CLOSING PRICE is the real or confirmative indicator of the daily trend – Up, Down or Sideways…

Please stay away from the market, one doesn’t have to follow it closely to become the Winner. In reality, the closer we are to the market, the more noises we will get, and the more likely we will end up as a Loser.

After taking the necessary actions of the day, just go back to do our business and enjoy our life, while letting the real market force reveals which direction it’s going to go by end of the daily market close!

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