After almost a decade, the Macrotourist is changing
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)
Hi Kevin, tomorrow US Stock Exchanges opening will be interesting :)
Also, if you find any interest, could you share your thoughts on all this noise around contracts with "3M" to deliver masks for next few months...
Let's go ;)
Seeing open positions, individual equities and learning from how you structure the trades is the clincher for me. Not because I intend to copy all the trades, but because as a retail trader it's like a minefield for content out there. Learning trade structures comes from painful trial and error or takes ages. Your content will help a lot with speeding that process up.
I'm on board!
Did the Fed go subscription only too?
This is the first market newsletter that I've ever subscribed to. I'm the kind of guy who cancels netflix when I'm not watching that month, to save $12.99! But besides enjoying the humor in the Kevin's posts, I have learned something from almost every post. I consider this to be a very worthwhile educational investment. Kevin, thanks for explaining your ideas AND backing them up with data. I have learned a lot, so far, and I'm looking forward to learning more.
'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.
.........having said that, this doesn't mean you should go sell stuff. Just trade smaller, smaller, smaller until things settle down'
Suggestion: Kev's specific trade tips for whatever the current situation (as captured in replies here) should be separated and high lighted in some fashion. Just too important to get lost in the discussion thread.