Amazing volatility - Will it last?
- Thread starter Laissez Faire
- Start date
Yes, apparently everything today except the weather and poverty are mean reverting. Timing could play a role if you are betting on mean reversion. (and timing is just another word for account size)
It makes no difference at all. If volatility is lower, simply increase your position size. Same thing (except for higher trading fees).
Not true at all.
I'll give you a chance to redeem yourself. If you can't figure it out, I'll tell you.
Sure. It won't. Eventually, we're back to 10 point range days. I'm curious when, though.
what we are trying to tell you is, we may never revert back to 10 but by then 30 will become normal. So 30 becomes just another non volatile day. You are just looking at the past and thinking, "Wouldn't it be nice?"
Ahah I heard this same answer in 2007 / 2008 and summer 2011.
When majority still believe we will be back to normal, vol is far from spiking.
So yes, it will last.
CM
Funny how the common refrain is that the volatility is "amazing" and yet I mostly see guys getting whipsawed throughout the day...Not everyone mind you, but enough participants that the common platitude's about volatility are overkill...
I heard a similar refrain back in 2008 and then I noticed that ET was a ghost town by 2009..."volatility" just accelerates the zero sum aspect of the markets, simple as that...For every guy who chimes in with his "I love this volatility, look at these ranges" I can guarantee there are 10 others getting smoked by it.
I heard a similar refrain back in 2008 and then I noticed that ET was a ghost town by 2009..."volatility" just accelerates the zero sum aspect of the markets, simple as that...For every guy who chimes in with his "I love this volatility, look at these ranges" I can guarantee there are 10 others getting smoked by it.
Uh, your two examples prove my point....
Of course.
If you don't know what you're doing the volatility doesn't matter anyway. I am of course writing this from the perspective of someone who knows what they're doing.
I wouldn't consider the recent price action whipsaw, either. Pretty nice and large directional swings up and down.