Subdued moves in stock markets - the reason….
After a quick rally in world stock markets from 18th March,a breather is seen for long holders to book profit before further rise. When traders were induced to take bearish outlook of the market - they built some sell positions and also cut their long positions due to impatience. But the market reversed to their surprise. Many holding long positions would have fealt that they could have waited for some more time. But the way in which the media projected and hyped about the negative news, the traders could not hold patience. Every time the big players test the patience of the traders and then reverse the market. If you develop the insight where else would the big players go for such huge money to work for them? Then the true patience is seen and that is always rewarded in the market. Only emotional and impulsive traders lose in the market by taking long and short positions alternatively.
Try to learn the art of being patient. The Market will reward you suitably.
Regards
Dr.S.Sivaraman
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