What are the characteristics of a winner.

The Principles of character.

1) Always concentrate on the process that creates winning not the result of winning.

2) Make money and decisions from your skills,not your ability to see through a crystal ball.Never predict the market.Invest time developing the skills and abilities necessary to profit from the environment.

3) it is never the markets---it is always you.Statistics and society may predict,but you alone determine whether you will succeed or fail.You alone are in control and take responsibility for your performance and your life.There are always tremendous opportunities in the markets.It is not always what happens,it is what you do with what happens that makes the difference between profit and loss.

4) Every event holds the seed of a positive message or meaning.Seize each day and each loss and mistakes as an opportunity to learn and grow not as evidence of your inadequacy.

5) Seek to embody the true spirit of competition...."to conspire together"...never try to be better than someone else but never cease to try to be the best you can be.

6) treat investing as if it were farming,not cramming---no easy shortcuts.Seek to study new methods and tools for farming your skills and understandings,not too many tips and predictions.

7) Develop a love and respect for trading the free markets and individual liberty and initiative---profits are just the gravy.

Tracking the Dow Movement on Monday 24/9/07

The Dow gaps-up open by 1.38 of a point.That's not so bullish.The next ten minute it started forming a shooting star.

Notice also the formation of a "double top" by 11:15am.

Traders have to run for their lives.

The trading day ends with a very bearish spinning bottom,driiling the ground to go down under.
http://www.forexrealm.com/technical-analysis/graphical-methods/candlestick-patterns.html

The TRIPLE WITCHING day which happens FOUR times a year namely March,June,September and December.

This is the time when equity options,index options,index -futures options contracts expire in each quarter often leading to greater market volatility and trading activity.

Behold!!!the Monday candlestick pattern has formed a "bearish engulfing" and the witch is selling the bad poisonous apples! Runnnnn!