Words to live by in a time where many assets are putting in near vertical rises such as silver, oil, energy stocks, cotton, semis, and small caps. All of which are very popular longs right now.
When trading these types of moves it is prudent to wait for a swing top with a predefined stop loss or slowly move into a short position using a macro trading mentality. Each method requires a different approach which we hope to expand on soon in future updates.
Until then good trading.
A Peak Under The Hood will be dedicated to providing unique insights into macro topics happening around the world and how these topics may affect financial markets. We will try to provide an entertaining, but informative blog, on subjects ranging from Real Estate, Mortgage Markets, Commodities, Major Stock Indexes, Bonds, and Select Trading Ideas. Our site will contain original posts, charts and also include opinions from outside investors and reporters who furnish original thoughts. We will attempt to dig deeper than what can be found on major network financial news outlets and it is our hope that you will continue to visit the site as we provide intelligent analysis that may be counter intuitive to mainstream ideas.