The thoughts of someone who has been through the best and worst in financial markets
One of the biggest challenges in trading is dealings with your emotions. It is often that we as traders get overly stubborn and fixated on specific trade and we end up paying for it. Despite the fact I have been trading for many many moons I still remain a victim of this. As I have... Continue Reading →
Over the last couple of months I have been increasingly interested in the stock market and I have also thus far been quite vocally bullish of it. Before you judge me, I would like to remind that back when the S&P 500 was @ 1300 we were calling for S&P above 2k and we were... Continue Reading →
I will admit I am not a big fan of Bullard after his QE4 "intervention" a while back, but the guy was spot on when he said that this stock market decline was the most predicted stock market decline in the history of financial markets. He did, however, fail to mention that almost everyone predicting... Continue Reading →
I have never really been that much into the idea of blogging, perhaps because I find it difficult to be consistent in doing tasks that are not mandatory. It has always been one of my main problems in life. However, I have decided that I do want to be a bit more active on the... Continue Reading →
Have you guys noticed that the majority of people talking about huge DXY breakouts happen to be American? There are people around talking about DXY going to 130. While this certainly isn't impossible it is particularly improbable if there is no new World War to spur such a move. The reason I am focusing around... Continue Reading →
So it has been a couple of weeks now and we have had the first Fed rate hike in 7 years. It has been a long wait and one that was eagerly anticipated. The market reaction was dull. This is what happens when Central Bankers build expectations for months. We saw this with the end... Continue Reading →
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