Trade Findings and Adjustments 09-12-2019
NO TRADE but let’s go over why!!!
The market is too volatile – NO that is not the reason
Too much uncertainty – IE… to much headline risk
So what is the difference between uncertainty and volatility? Volatility for me are big swings in the market (pre or post) with no understanding of the reasons why
Uncertainty are short term headline risk movements with a direct shorter term reason
Today – China meeting with underlings, 2 week tariff hold off, because want to appease China, don’t want to appease china, who and what are we going to use for leverage
Real traders / investors look for a high probability, high success rate for placing trades. We don’t just place a trade because the education we sold dictates a trade twice a week.