Is this the most volatile market ever? I think so.

comagnum said:
While the sell off was faster than those in the past, it is not unexpected with the sharp rise in program trading.

Bull markets routinely bounce back to make dazzling new highs after corrections of 10-20%. Each time when in a deep correction the bewildered herd becomes bearish.

Markets always the herd wrong at the big turns. Less than half of the declines of up to 20% lead into a bear market, only time will tell.

Because I am a nimble trader it does not matter to me which direction the market goes in as long as it is not flatline for very long.
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This time it is different.
 
I'm a newbie and really this year the market has been very volatile, but I've also heard that in years ago the market looked like a carousel
 
Chicken littles running around again with their heads cut off. The more you panic, the more you lose. Retail traders (sardines) being swallowed whole by the hedge funds, banks, brokers (sharks). This is way too easy but, sad really. I feel for the average American with 401Ks and IRAs, for the ET trolls, nah!
 
GaryBtrader said:
Not even close to 2008 or 1987. The whole period from 1997 until 2003 had heightened volatility comparable to what we're seeing these last couple of weeks.
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volente_00 said:
You must not have been trading in 2008 then.
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d08 said:
2008 was much more dramatic, now you see some bounces often and volatility is lower.
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ironchef said:
Nothing compared to late 2008 early 09. There were real panics then. This is nothing.
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Interesting comments. Seems to be the general consensus on this thread. I started following the market just around 08/09, but was not day trading or following the ES futures then.

Do you guys still feel the same way after last week?

Thursday was the largest day down in % change since Black Monday in 1987.

In nominal values - yesterday, Friday 13th, had the largest nominal point range in history to my knowledge. Thursday was the 2nd largest.

Since we're at much higher price levels in nominal values, does this not feel/appear more volatile even if percentage changes are smaller? Here, referring to the market prior to this last week where the % change is equalling 08/09 and prior periods for sure.

Thanks.
 
Laissez Faire said:
Interesting comments. Seems to be the general consensus on this thread. I started following the market just around 08/09, but was not day trading or following the ES futures then.

Do you guys still feel the same way after last week?

Thursday was the largest day down in % change since Black Monday in 1987.

In nominal values - yesterday, Friday 13th, had the largest nominal point range in history to my knowledge. Thursday was the 2nd largest.

Since we're at much higher price levels in nominal values, does this not feel/appear more volatile even if percentage changes are smaller? Here, referring to the market prior to this last week where the % change is equalling 08/09 and prior periods for sure.

Thanks.
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My comment was from March 6th when things were still relatively calmer. I'd say we are at least on par with 2008-9 last week.

We get numb as we age. Mentally I was ready for such moves, not to say it did not feel surreal. Besides 08-9, there have been other short term high volatility shocks in the market -- Brexit, flash crash.
 
d08 said:
My comment was from March 6th when things were still relatively calmer. I'd say we are at least on par with 2008-9 last week.

We get numb as we age. Mentally I was ready for such moves, not to say it did not feel surreal. Besides 08-9, there have been other short term high volatility shocks in the market -- Brexit, flash crash.
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Yes, I know all your comments were pre past week. I imagine things must be a bit different now after last week as the % change moves most certainly equal past peak volatile periods.

Is your trading going well in this environment? If I recall correctly, you're mostly or fully automated.
 
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