< Browse > Home / Smarty Recap / Blog article: Volatility Continues Smarty Recap – 04/30/10

| About | Contact | RSS

Volatility Continues Smarty Recap – 04/30/10

April 30th, 2010 | No Comments | Posted in Smarty Recap

No trading today.  Another very, VERY volatile day in the market.  It has been a tough week and I am just glad that it is over.  I am willing to bet a lot of traders lost money this week or are sitting around break even.  One minute the market was rallying, the next it was sharply falling off a cliff.  One day the market was down, the next it was up on weak volume, but some how continued to go higher.  In times like these I am going to try and stay in cash.  There is no sense in trying to trade these sharp swings because the potential reward is smaller and the risk is a lot higher.  Unless you like to take risk, just sit tight or take small positions.  I will be back Monday with an update if I trade or decide against it.

Leave a Reply 121 views, 1 so far today |
  • No Related Post

Leave a Reply




Smarty Trades on Chart.ly
No charts found
More Charts - Powered by Chart.ly

SmartyTrades.com is not offering investment advice and is not a registered investment adviser. We are not suggesting you purchase any securities discussed on SmartyTrades.com The information provided on this website is strictly the opinion of the author and is for entertainment and education purposes only. You acknowledge by reading SmartyTrades.com that buying and selling securities is very risky and should be done at your own judgment or the advice of a registered investment adviser. SmartyTrades.com assumes no responsibility for your own personal investment activities.