Whiplash January 27, 2011
Posted by Warren in Strategy.trackback
When people say futures are too risky, they mean it – trading futures is not for the faint of heart. So don’t do it!
When you’re up, the gains are so explosive that greed fogs your mind. On the other hand, when you’re down, the loss is so brutal that panic rattles your mind (see below). So why do I do it? I think the appropriate question is, why have I not stopped?
Today was a prime example of total non-sense whiplash; it’s just hard to treat it as such when your pnl swings so wildly.
[Silver: 2-day]
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