by spledger ~ November 19th, 2012. Filed under: Uncategorized.
I’ve taken a different approach this week. I haven’t paid much attention to the market news. Instead I’ve been focusing on the price movement and holding out for a technical bounce. After last week’s assignment I did watch a few additional videos on https://www.youtube.com/user/InformedTrades to try and pick up a bit more detail on technical analysis. The MACD tool is a more a complex moving average tool that helps identify when markets have a certain level of momentum (https://www.youtube.com/watch?v=k9nds4OpA2I&feature=relmfu). The site has numerous videos on a verity of different tools to help traders make decisions. Another video worth watching is Two Common Trading Mistakes (https://www.youtube.com/watch?v=6GBO7-7M5eQ&feature=relmfu). I may very well be guilty of both of these pitfalls on my soy positions, right down to the point about reinforcing the position. But as this is just a game and we’re here to learn I’ll sit tight and see what happens.