Interesting webinar tonight. Held by Options21 online.
The audience asked obvious questions. Where is the market to go from here? Is the bear market over? Will the indexes fall further? The best answers are the simplest - no one can tell the future.
Fundamentally - the market has yet to fall.
There was an analysis of the current situation in the financial markets, relations between banks, financial instruments, and markets. The depth of the current crisis in the US is huge - around 500 trillion.
The presenter stated he does not like CFDs. His preference are options - hedging risk, controlling risk (stop loss). That is an interesting view.
Good advice was to actually ignore the news. The news just reinforces the fear, hysteria, greed, and other emotions. The best source of information from the market is the market itself.
VIX = fear index. Fear index shows lows in the market. Compare fear index with the price graph. This clearly shows how much emotions affect the prices in the market. And that indicates the oversold/overbought securities.
The audience asked obvious questions. Where is the market to go from here? Is the bear market over? Will the indexes fall further? The best answers are the simplest - no one can tell the future.
Fundamentally - the market has yet to fall.
There was an analysis of the current situation in the financial markets, relations between banks, financial instruments, and markets. The depth of the current crisis in the US is huge - around 500 trillion.
The presenter stated he does not like CFDs. His preference are options - hedging risk, controlling risk (stop loss). That is an interesting view.
Good advice was to actually ignore the news. The news just reinforces the fear, hysteria, greed, and other emotions. The best source of information from the market is the market itself.
VIX = fear index. Fear index shows lows in the market. Compare fear index with the price graph. This clearly shows how much emotions affect the prices in the market. And that indicates the oversold/overbought securities.
Posts
No comments:
Post a Comment