The stock markets are dead

Discussion in 'Trading' started by aalluubbaa, Feb 24, 2012.

  1. Trade stocks in play, not ETFs.
     
    #11     Feb 25, 2012
  2. I've been trading for almost two decades (it'll be 20 years in July), and I've seen markets go though numerous contractions and expansions. Every time we hit a slow period, people think the market is dead and never coming back. It always does.

    To make a consistent living in this business, I've found that I have to keep multiple markets in play for trading. Right now its CL, 6E and the ES (though most days ES hasn't presented many opportunities). By watching multiple markets, I can be assured of having at least 3-5 solid trading opportunities every day.
     
    #12     Feb 25, 2012
  3. great line
     
    #13     Feb 25, 2012
  4. LEAPup

    LEAPup

    +1
     
    #14     Feb 25, 2012