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i think force selling by some brokersroshan1039 wrote:My argument here is no matter how much qualified are you in the accounting does not help you to win.
Market has its way of behaving, if you cant understand that rhythm you are loosing.
Yes knowing some accounting principles is always advantages, but as far as you don't understand other economics, politics world trends, disasters etc etc. you cant win.
Can any expert mention the reason for todays drop?
Frankly, Market has not enough funds to run up, and some bad economic news locally and internationally. IMF targets missed etc.. So market has no momentum even with some good 3Q reports.. its struggling... and some just waiting in the side till General Election over...Some disputes in the ruling party etc...So many negatives,,, so dont expect market to run a major rally for sometime...It will be little up... little down scenario...roshan1039 wrote:My argument here is no matter how much qualified are you in the accounting does not help you to win.
Market has its way of behaving, if you cant understand that rhythm you are loosing.
Yes knowing some accounting principles is always advantages, but as far as you don't understand other economics, politics world trends, disasters etc etc. you cant win.
Can any expert mention the reason for todays drop?
FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Seems 50% + group members dont know at least basic accounting
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