If you could make money in 2007, then you can handle any market conditions?
- Thread starter crgarcia
- Start date
lol.
no way. this year was nothing like the worst years.
anyone who thinks 2007 was extremely volatile probably has less than 3 yrs experience. check the period 1997-2002. vix was usually in the 20-40 range, peaking in the 50s. there were three days i can think of where the market dropped at least 6%, plus one huge up day (can't remember which year, it was due to a surprise rate cut), and many many days where the market dropped 2.5-3%.
you've seen nothing in 2007.
i'd say 2007 had average volatility. it seemed volatile only because 2004-2006 were well below average.
I remember pre-2002.. those were the best years of my trading career.. trading breakouts made money 70% of the time,, it was just unreal.. Irrational exuberance 
In '03-'05 it was like night and day..
'06 would have been another terrible year if it wasn't for all the home builders on my short list
In '03-'05 it was like night and day..
'06 would have been another terrible year if it wasn't for all the home builders on my short list
This was my best year since 2000. Two 100k months which the last time i did 100k in a month was in april 2004. This new year is the election year and my first election year trading we had no president at first.
For those traders who didn't fair well this year don't sweat it. Trading is all mental and just work on the mental aspect of this game. Focus is key and take it Trade by Trade. Good luck in 2008 to all
For those traders who didn't fair well this year don't sweat it. Trading is all mental and just work on the mental aspect of this game. Focus is key and take it Trade by Trade. Good luck in 2008 to all