Much of the above should be obvious. The correct clinical approach as an independent trader is to exploit index futures (and the liquid electronic commodity futures markets). Become an ace in one index futures market. Only then, apply your successful methodology to further futures markets. Stocks are something else. 'Has beens' who have dicked around with stocks most of their lives just want to keep on doing that. Pimply faced newcomers going into stocks often can't be expected to know any better.
I have seen similar posts over the last few years. Thatâs why I said it. Glass-Steagall act was repealed after all, why not up tick rule. Not that I really care since I trade futures.
What's obvious to you is totally foreign to a newbie. experienced traders take things for granted. ET is full of people who are unaware. Lets try to bring them up to speed together.
The fact that the housing slowdown is taking longer to recover than expected was interpreted as good news because it means less inflation.