Mobile Streams shares (LSE:MOS) are hopeless at the
present. Looking at the recent historical data, one would see that buy-and-hold
investors are suffering in this market. The bulls are heavyhearted and would be
advised to smooth their orders before the shares become brutally oversold; just
as they were in June 2013.
Short trades would reap some gains because of the
presence of the strong bears. Bears need to be present for short trades to
reach positivity. You can never shave someone’s head when she/he isn’t around.
Apart from the recent volatility that was prominent within the Trendlines, the
price broke downwards and would possibly close below the Lower Trendline. The
RSI period 14 is already below the level 50: the price could go protractedly
southward, possibly reaching the accumulation territory at 60. Here, a good risk
controller would not be bothered much this, even if they have open long orders.
Conclusion: When
grappling with the uncertain markets, use minuscule lots sizes, use minuscule
lot sizes. You simply need to use small lots. Should you do this, you would be
able to stick to your trading rules. Any negativity you sustain after that would
not be significant or threaten your general welfare. The negativity would be negligible
and you would be able to find yourself being indifferent to it. It surprises me
to see many people who risk too much when trading, and yet they are not expert traders.
When you risk very small and follow your plan, the uncertainty in the market
would be easier to bear.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Eye-opening trading lessons: Lessons from Expert Traders
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