Hi Everyone,
Market is in the mode of heavy resistance , and support. Unless either breakout doesn't happen , please hold on to your dear money, neither exit nor get it.
Reason: Market is always testing the support n resistance points , not breaking out either of them.
This is where impatient's loose their money and give to Market makers, if you think this is the right time to jump in, market will fall, and because of your impatience you will try to sell.
If you sell, market will move up and you will try to jump in and again sustain a loss.
Somebody had said, its better to make no money, than to loose money.
So, please wait for proper signal before deciding to jump into the market. Don't worry on missing out the game , Market is gonna live long. But the question is will you? Because of your impatience??
Market is in the mode of heavy resistance , and support. Unless either breakout doesn't happen , please hold on to your dear money, neither exit nor get it.
Reason: Market is always testing the support n resistance points , not breaking out either of them.
This is where impatient's loose their money and give to Market makers, if you think this is the right time to jump in, market will fall, and because of your impatience you will try to sell.
If you sell, market will move up and you will try to jump in and again sustain a loss.
Somebody had said, its better to make no money, than to loose money.
So, please wait for proper signal before deciding to jump into the market. Don't worry on missing out the game , Market is gonna live long. But the question is will you? Because of your impatience??