Posted by chartboy on 31st of Mar 2021 at 02:02 pm
I agree 100%. The biggest reason it is hard to trade is because
few people have the time, energy or connections to keep their pulse
on the macro factors that effect it, including the relative
positions of macro funds (i.e who, and how many funds are leaning
the wrong way at potential turning points.)
Way easier to trade thinner, obscure securities on momentum,
which is what I spent my first 10 years in the business doing
professionally. Unfortunately, that is not an option for me any
longer as I am restricted on what I can do because of the
information I regularly possess. So, I limit myself to ETFs, longer
time frames, and the most liquid products.
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I agree 100%. The biggest
GLD filled yesterday gap
Posted by chartboy on 31st of Mar 2021 at 02:02 pm
I agree 100%. The biggest reason it is hard to trade is because few people have the time, energy or connections to keep their pulse on the macro factors that effect it, including the relative positions of macro funds (i.e who, and how many funds are leaning the wrong way at potential turning points.)
Way easier to trade thinner, obscure securities on momentum, which is what I spent my first 10 years in the business doing professionally. Unfortunately, that is not an option for me any longer as I am restricted on what I can do because of the information I regularly possess. So, I limit myself to ETFs, longer time frames, and the most liquid products.