Because cash is no different from other asset class. If you have wealth it's always invested even if it's cash. Given explosive growth of USD against everything else in the last month I find it somewhat risky to stay invested in cash 100%
It's even more dangerous if you're in the market whilst not knowing what to do or how to behave or how to survive under uncertainty or not have a rigorous approach to dealing with risk.
I was already burnt through hyperinflation event holding cash If you never experienced inflation doesn't mean it can't happen Stocks might be dangerous cash can be catastrophic
Can park the cash in TIPS. Can change currency. But don't gamble in the market using this excuse....right?
This is a classic symptom of overactive bladder. Before you piss away all your hard earned cash, go check out a shrink.
The moves are greater, but what makes it a better market for daytrading than less volatile markets? In less volatile markets, one can more comfortable trade larger size to compensate for less volatility. I don't daytrade though, just curious.
I'm not buying it either. In hindsight, looking at the daily ranges, these large moves appear easy to capture. In reality, the intraday variance is so high, that you simply can't capture the moves without ridiculously widening your risk per trade. Successful intraday trading in index futures requires much tighter parameters, to survive through the majority of days, where markets don't trend. I've caught a few nice price runs, but this hasn't been an easy or perfect daytrading environment. I challenge anyone here claiming to be "killing" it recently daytrading, to post March broker statements showing proof. I doubt anyone will bite.