TradersLog 
There is a rather common saying in financial circles, that the markets are primarily driven by two opposing forces namely, fear and greed. This is, perhaps, an over-simplification.
With 2012 now behind us and new one underway, Dan Zanger, stock trader and host of Chartpattern.com, has had a chance to reflect and take stock of what the market holds for the coming year as he prepares for his upcoming annual stock trading seminar in April.
Every year when preparing for the annual ChartPattern.com stock trading conference, I have a chance to look back on which trades worked best over the past year and what trends are emerging for the year ahead.
Traders love military metaphors: they keep copies of “Art of War” on their bookshelves and talk about attacking the market. And, they need to keep some powder dry.
Almost any trader with some experience has heard the trading maxim (or rule) “Don’t try to catch a falling knife…” It usually refers to buying a market falling in price and alludes to how dangerous it can be to try to get positioned when a market appears to have a lot of potential to continue moving lower.