In our SMBU Daily Video, Seth Freudberg discusses why losses are inevitable in this kind of market. Options traders struggle in volatile markets like we are experiencing. It’s important to keep a proper perspective in these circumstances–losing on trades is expected–as long as you stayed disciplined through the trading process then you didn’t fail–you simply lost money on a trade. … Read More
A Market Bottom Versus An Economic Foundation
One morning before work about a 2 weeks ago I switched from CNBC to Fox News to get a weather update. I was a little early, since Mike Woods usually comes on at about the 8th minute of every ten in an hour (6:18, 6:28, 6:38…) and I caught their quick daily business analysis. The lady reporting was ecstatic about … Read More