What to do when the market is against you ?

When the fight is raging, don't fight more! When the market is against you, do not fight back! Ride the market if you can and stay away before the bloody time comes.

This is no excuse for the Technical Analyst, because we can see the trend ahead. We don't want to blame Technical Analysis when we miss the proper exit.

So what are the best things to do on a downtrending or consolidating market?

1. Study and Plan more. Technical Analysis is a vast subject, it is the best time to
study and plan since we are in a slow pace. Let's open our E-books strategize our
moves, so when the market is ready, we are ahead of the game. Nothing will beat a
prepared and well skilled trader!

2. Watch the Market and Watch the trend. We want to enter at the right time. We
don't want to be bottom pickers, since we all know that the bottom is very
difficult to determine, rather we want to participate on breakouts to
maximize the 70% batting average of TA.

3. Don't trade when you are not sure of the trend.

4. JumpStart! As part of the Study program for yourself, maximize your potential for
learning and earning.Participate Seminars and Workshops, Absolute Traders Seminar
for Technical Analysis for Basic and Advance Classes, is my most recommended
trading on how you could manage yoru portfolio well. Invest on learning and you
will see that growing your portfolio is not so difficult. email:
cebuseminar@absolutetraders.com for Cebu schedules and seminar@absolutetraders.com for Manila
schedules. Or visit www.absolutetraders.com to know the community more.

5. If you still have your positions, sell on rally and take a tolerable loss or
little profit if you still have left. Never take a position yet until the trend
is clearly going up.

6. Tap and develop other sources of income while the market is resting or falling
freely. Affiliate marketing, is a huge source of money in the internet, when
tapped. They said it is especially for techies, I said it is for everyone when we
just try to understand and spend time to develop the skills. If you need asistance on this,
just send me a note. Develop business plan and start a business, if your business is ongoing,
give more time to it now.

7. Look forward for the market-change-of-sentiments, but don't be in a hurry.

I can list thousand things to do and will not exhaust myself doing it. But the bottom point here is, don't push it too hard if the stock is not capable of givig you good returns yet and make the most of your time to learn more for an ABSOLUTELY huge profit soon!