Great to see everyone here. Thank you for signing up!
I was cringing with the timing of my launch. Nothing like having everyone reeling from an equity crash to launch an investment newsletter. :)
It is scary out there, and the one thing I would like to stress is that volatility has gone through the roof - not just implied volatility, but also realized vol. I was watching the spooz on Friday morning and they seemed stuck in a range, but when I looked, I realized the range was 30 handles! That used to be a huge day. Now it's the opening two hours!
Be careful and trade much, much smaller. On the investment side, be slower. No need to stick your finger in and be a hero. Gold's friday collapse has shown you that strange things can happen.
Be careful out there.
(having said that, this doesn't mean you should go sell stuff. Just trade smaller, smaller, smaller until things settle down)
Great to see everyone here. Thank you for signing up!
I was cringing with the timing of my launch. Nothing like having everyone reeling from an equity crash to launch an investment newsletter. :)
It is scary out there, and the one thing I would like to stress is that volatility has gone through the roof - not just implied volatility, but also realized vol. I was watching the spooz on Friday morning and they seemed stuck in a range, but when I looked, I realized the range was 30 handles! That used to be a huge day. Now it's the opening two hours!
Be careful and trade much, much smaller. On the investment side, be slower. No need to stick your finger in and be a hero. Gold's friday collapse has shown you that strange things can happen.
Be careful out there.
(having said that, this doesn't mean you should go sell stuff. Just trade smaller, smaller, smaller until things settle down)