If you are right I will leave the game. See the thing is since I started doing this in 2000 almost all the traders I knew are gone. Somehow the fact that I made it through 2003-4 after the vix went to 10 makes me think I can make it in almost any environment. Now if you tell me the vix is going to 5 then we are all in trouble, however looking at the vix monthly your prediction appears to be oh about 5 years to early. Volatility levels just started turing up in August. Daytraders have alot of time imho.
The coming bear market could change day trading
- Thread starter monstercat
- Start date
If you are right I will leave the game. See the thing is since I started doing this in 2000 almost all the traders I knew are gone. Somehow the fact that I made it through 2003-4 after the vix went to 10 makes me think I can make it in almost any environment. Now if you tell me the vix is going to 5 then we are all in trouble, however looking at the vix monthly your prediction appears to be oh about 5 years to early. Volatility levels just started turing up in August. Daytraders have alot of time imho.
Another thing that has also changed is the nature of the volatility. Stocks and futures used to make smoother moves, now everything is being driven by bots. Anyone who traded the ES today got chopped up good. It was very volatile but moved so quickly it was hard as hell to trade. And yes, I remember a couple of years ago when stocks like RIMM and AAPL moved 50 cents and that was a big move.
then ill try to retire and hopefully become a groundskeeper at steele canyon
Its been alot of fun though to get off work at 1 pm.
I think in general though the same cats will make dough no matter what circumstances. Listen to guys Like Steve Tvardek---
its about patience and discipline
Its been alot of fun though to get off work at 1 pm.
I think in general though the same cats will make dough no matter what circumstances. Listen to guys Like Steve Tvardek---
its about patience and discipline