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Why Do Currencies Have Such Long Trends ???
- Thread starter Fundlord
- Start date
oh, if it was only that easywould have thought letting profits run (home run?) rather than taking small profits would ensure a few (1 in 10 trades ?) big wins.
that chop can go on longer than I can stay solvent
90% is just money management, but 10% is actual work, and you have to guess what a reasonable stop is, and if you guess wrong you get chopped to death. And if you ever make it through that gauntlet, then you have to guess what a home run is, and it isn't a percentage move. If it was we would all be rich.
credit cycles trend? Reliably? I was long bonds for like ten years. It didn't matter what the hell else was going on in the world, war, drought, recession, all those bonds did was make money, year after year, like 6% every year. I sold them too early, but I certainly haven't seen any trend going back down. Meanwhile, over on the farm, those currencies have been very good, but then again my currency time frame is a lot shorter than my bond time frame was.
Credit cycles are very smooth and very predictable.
good to hear, because I'm a forex trend trader, if you say so, I like the smooth, it's the predictable I'm having a little trouble with.Credit cycles are very smooth and very predictable.
Now where did you say rates will be this time next year?
At a firm allegedly using insider information it's unsurprising a small portion of the trades account for all the profit, since those trades would have an orders-of-magnitude higher edge.
I find the same though with my trading and i don't have any inside info.
good to hear, because I'm a forex trend trader, if you say so, I like the smooth, it's the predictable I'm having a little trouble with.
Now where did you say rates will be this time next year?
You are watching the wrong thing. You need to watch the yield curve, the Libor/OIS spread, high yield spreads, and the various carry trades.