Articles

When I first started out as a trader, with my Smarter Starter Pack under my belt, there was one thing I conspicuously lacked. That was a view of the bigger picture. I was picking good-looking ABC trades, but I wasn’t looking at them in the context of what was going on in the overall market. Nor was I looking at a broader perspective in the stock I was considering. This caused me to take trades that I should have been avoiding.

Welcome from me to all our Safety in the Market traders to this month’s dedicated newsletter. What a great rally we have seen in the last few weeks. While it has been happy hunting for many, others have been left parked on the sideline waiting for a ‘decent’ pull-back that just never came. The title of my last monthly article was ‘Opportunities, Opportunities. Opportunities...Everywhere’ remembering that article was written on 10 July – it turned out to be not a bad call.

The markets march on as they climb to record highs for 2009. This sort of run is enough to nearly wash away the memories of 2008 but rest assured as markets move higher we are getting closer to the point where a breather is in order.