The Psychology of the Market Holds the Game

I have had an experience talking to several guru traders and they told me that if there is one thing that they have learned over the years that they have traded eminis, it is the fact that what they are trading is not the indices or the commodities, but rather it is the psychology of the market. No matter how absurd it may seem, the game relies mainly on mass human behavior. This is the one that forms observable patterns coming from emini futures quotes. Once you understand how this works, you would be able to trade better, and become more decisive every step of the way.

27 January 2012 | Business news articles