Interesting Start To 2016... "sort of" like 2008?
- Thread starter Scataphagos
- Start date
"The sample size is an important feature of any empirical study in which the goal is to make inferences about a population from a sample. In practice, the sample size used in a study is determined based on the expense of data collection, and the need to have sufficient statistical power."
No disrespect, but your sample size is looking rather weak there.
Seems everywhere I look its doom and gloom, all this comparison to 2008 is a bit pointless in my opinion, no one really expected what would follow in 2008 but many are convinced the same will happen in 2016? maybe it will, maybe it wont but what I do know is the herd more often than not get it wrong, as do the general consensus of the experts, in fact some traders track market sentiment from the experts and newsletters for that very reason………….
As a (mechanical) trader though what I do know is take your trades, if I get a buy or sell, then I take it, I don’t care what the newspapers and experts are predicting, the best trades in my experience come when least expected and in the opposite direction of the herd.
As a (mechanical) trader though what I do know is take your trades, if I get a buy or sell, then I take it, I don’t care what the newspapers and experts are predicting, the best trades in my experience come when least expected and in the opposite direction of the herd.
Sadly, that's what they all say. Just trade the damn thing that you see in front of you. If it's that easy, we'd all be filthy rich by now. what goes up doesn't go up forever, and what comes back down doesn't exactly drop forever. Everyone makes it sound so easy, it makes my stomach turn.
The money markets froze up in late 07 I believe, then the markets went on to make a new high. You also had sky high gasoline prices for quite a while which was squeezing consumers at precisely the wrong time. You're just not seeing the same type of horrendous things happening now. Traders are now trading the last war. I have been bearish and looking for a correction based largely on my view of poor freight rates at a time when the markets were near ath's. I'm starting to think we are near some kind of a bottom, based on all the bearish ness.