Shortly after the China sell off in Feb Gartman declared "A global bear market," so this wouldn't be the first time he is premature...
but who knows...
hey - you are right, I wouldn't call myself a huge risk taker. However, I don't think that in order to trade for a living you have to be a huge risk taker. I would say you probably have a better chance of surviving if you come into trading not being a huge risk taker.
It could be - you never know.
But the fact that they made that call shocked me like WHOA. The question is why? They are playing a game of relative performance. When you go out on a limb against the crowd the risk to reward never really balances out. If they are right the praise doesn't come...
I bet some clients are mad pissed. And maybe this signal will turn out to be a good call but I can see many clients who did sell jumping back on board if they have been paying attention to the euphoric orgy (CNBC) and the new all-time highs.
Thanks for the great post.
I don't think my strategy will fail in a bear market but I haven't seen a bear market so I don't know. I'm not sure if price moves a lot differently in a bear market than in a bull market. But one thing I have learned is that intra-day price oscillates and I will...
I took a year off after I completed my first year at a solid university in a finance and business program. I had high marks and did well but I wasn't too sure what I wanted to do with my life. I kind of fell into trading and it has been pretty successful. I have been doing it for almost a year...
does anyone know where you can get data for historical specialist price openings. I find that a lot of places quote the opening price as the first hits on arca or another ecn.
I have never traded futures before but I'm wondering why on the cme website there is never any volume on the longer term futures such as 2009, 2010, etc. My question is are these contracts tradeable and if so is there just no open interest?