Being new in the market, I've seen some interesting and impressive things, some not so impressive. Lately, I've been hanging out with a kind group of reps from Trading Made Easy. They share and discuss the automated trading software they use for trading futures in a live feed. It's neat. Learned a few things. Some have been using their software for years and know that automation is where trading is going.
I can't help to think back to my concentrated studies of the industrial revolution when I was studying comparative politics. People were deeply impacted and reacted in varying degrees of the human spectrum. Revolt was the most disconcerting and tragic reaction. Masses of people may not be coming with pitchforks or torches, but instead with cyber attacks and sabotage. In the present day, the two variables are with major corporations and computer technology. This is not new. You see these automated changes in other industries and it's interesting to see how it's affecting the trading world. History tends to repeat itself. Correct me if I'm wrong, but the market tends to reflect that as well from time to time. Ever watch WALL-E? It may or may not be relatable.
First off - love new people to the market. Thx for interacting. We are witnessing historic times. Speed of the market and open communication are the biggest factors causing the day to day volatility. The revolt part is interesting as there are true undertones to that narrative. I hope what we are seeing is an extreme and not any new norm. Generally regulators are reactive to problems caused by advances in technology and I assume they will react strongly to some of the recent activity that has been seen as manipulative. If you are trading in this environment just make sure you use limits and stops. Have a pain threshold if things go badly and never exceed it.
Now I have to go rewatch WALL-E. It's been years since I saw it with the kids and I probably fell asleep during it. :)
It's a pleasure to interact! If anything, this whirlwind of chaos in these said historic times is a good learning experience. Call me a masochist, but I probably wouldn't be happy if I walked away from this crazy past year without bumps, scrapes, or bruises. That's not to say I look for it. As for the regulators, I'd say they're too caught up with physically trying to survive through COVID19. Who isn't honestly? Add to that the mental stress of having to wait for Congress, Fed, and SEC, to make up their damn minds about what policies to implement. Yes, I know, they're human and they're working hard too. I get it.
Thanks for the advice on limits and stops. Pain? Don't know what that is. I'll have to look it up. Does it involve candy?
Yes, rewatch WALL-E. Charming movie. You'll enjoy it much better if you can manage to wrangle up your kids and watch it together.
Being new in the market, I've seen some interesting and impressive things, some not so impressive. Lately, I've been hanging out with a kind group of reps from Trading Made Easy. They share and discuss the automated trading software they use for trading futures in a live feed. It's neat. Learned a few things. Some have been using their software for years and know that automation is where trading is going.
I can't help to think back to my concentrated studies of the industrial revolution when I was studying comparative politics. People were deeply impacted and reacted in varying degrees of the human spectrum. Revolt was the most disconcerting and tragic reaction. Masses of people may not be coming with pitchforks or torches, but instead with cyber attacks and sabotage. In the present day, the two variables are with major corporations and computer technology. This is not new. You see these automated changes in other industries and it's interesting to see how it's affecting the trading world. History tends to repeat itself. Correct me if I'm wrong, but the market tends to reflect that as well from time to time. Ever watch WALL-E? It may or may not be relatable.
First off - love new people to the market. Thx for interacting. We are witnessing historic times. Speed of the market and open communication are the biggest factors causing the day to day volatility. The revolt part is interesting as there are true undertones to that narrative. I hope what we are seeing is an extreme and not any new norm. Generally regulators are reactive to problems caused by advances in technology and I assume they will react strongly to some of the recent activity that has been seen as manipulative. If you are trading in this environment just make sure you use limits and stops. Have a pain threshold if things go badly and never exceed it.
Now I have to go rewatch WALL-E. It's been years since I saw it with the kids and I probably fell asleep during it. :)
It's a pleasure to interact! If anything, this whirlwind of chaos in these said historic times is a good learning experience. Call me a masochist, but I probably wouldn't be happy if I walked away from this crazy past year without bumps, scrapes, or bruises. That's not to say I look for it. As for the regulators, I'd say they're too caught up with physically trying to survive through COVID19. Who isn't honestly? Add to that the mental stress of having to wait for Congress, Fed, and SEC, to make up their damn minds about what policies to implement. Yes, I know, they're human and they're working hard too. I get it.
Thanks for the advice on limits and stops. Pain? Don't know what that is. I'll have to look it up. Does it involve candy?
Yes, rewatch WALL-E. Charming movie. You'll enjoy it much better if you can manage to wrangle up your kids and watch it together.
Cheers amigo!