This isn't directed at any one particular trader but there is an awful lot of pontificating "why is the US$ is going up" will all the problems of the trade deficit / budget deficit / brain deficit in DC / long term debt / housing debacle / credit card overload / energy situation etc etc etc etc.
Does it make you feel better knowing the reasons why the US$ "should" go down even while it heads the other way. The day will come when it will head back down. Will that make you feel better?
The object of the game is to make money, not be right.
It is never the news, it is the reaction to the news that matters. It was years before I ever realized this simple fact.
Does it make you feel better knowing the reasons why the US$ "should" go down even while it heads the other way. The day will come when it will head back down. Will that make you feel better?
The object of the game is to make money, not be right.
It is never the news, it is the reaction to the news that matters. It was years before I ever realized this simple fact.