We are at an epoch in history, where our financial system is in crisis. As traders we need to understand the impact of a global recession and bear market in stocks, because the volatility is becoming extreme, and trusted correlations are breaking down.
I invite those who wish to openly discuss the credit crisis and deflationary crash in all asset markets, and how these changes will likely impact trading currencies, commodities, and equities. We need more than fleeting news stories put out by commercial people selling subscriptions, that disappear after a few days at most. History is in the making, and adapting to change along with risk management are critical for economic survival.
There are opportunities in a crisis, but there is also danger. Many in the forum are trying to pick bottoms, which is not wise. Some have not come to "the point of recognition" in the current trends to benefit from market direction, they hope the bottom is in for houses or stocks, and a return to the way things were. We are all trying to figure out how to benefit from these markets.
I invite those who wish to openly discuss the credit crisis and deflationary crash in all asset markets, and how these changes will likely impact trading currencies, commodities, and equities. We need more than fleeting news stories put out by commercial people selling subscriptions, that disappear after a few days at most. History is in the making, and adapting to change along with risk management are critical for economic survival.
There are opportunities in a crisis, but there is also danger. Many in the forum are trying to pick bottoms, which is not wise. Some have not come to "the point of recognition" in the current trends to benefit from market direction, they hope the bottom is in for houses or stocks, and a return to the way things were. We are all trying to figure out how to benefit from these markets.