The Market Throughout The Years
- Posted by ZorTrades
- on November 23rd, 2011
The market is always tough, and while it might have a rather easy entry barrier, it’s a very tough gig, but at times it can be easy. This year has been excruciating, it has been a complete trend-less market that has made suckers of breakout buyers and breakdown sellers.
The market goes through phases, all you have to do-is make sure you survive the sloppy periods. If you look at the 10 year $QQQ chart, you won’t even notice all the zig zagging of this year. Don’t be a cowboy, while the market is open for business almost everyday, it doesn’t mean you have to give it your business everyday.
10 year chart
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Frank Zorrilla is the founder and chief investment officer of Zor Capital LLC.He began his Wall Street career 10 days after his 20th birthday when he became a Series 7 licensed stock broker. More »