Very few trading strategies that work in “normal” market conditions worked well in the 2008 crash.
Should we expect the same market unreliability in 2022?
Cheers for your thoughts
Very few trading strategies that work in “normal” market conditions worked well in the 2008 crash.
Should we expect the same market unreliability in 2022?
Cheers for your thoughts
It’s already been unreliable for me. Have you been doing well with your trades recently?
Follow the long term trend in today’s environment. Weekly swing trades.
A bit out of the norm but nothing compared to what they look like in a 2008 backtest.
Yes we are. Lots of variables - risk of global recession, uncertainty re: oil market, huge energy bills / inflation. China covid. Use volatilty to your advantage as it’s really just like normal markets on fast-forward. Leave losing trades early and be prepared to change direction of trade frequently. I’ve heard reports of professional oil traders saying oil has been “untradeable”. I don’t think that’s the case - look at the weekly charts - regular ups and downs on too of very firm support at about $100 per barrel.
seems a lot like true. at least, we have the 2008 experience