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RE: Thoughts Of A Futures Trader

in #market7 years ago

@rebeccaryan
I need to get down over the hill and do a little homesteading today. And I will.
I have to answer your reply. I will take time for you always.
It is true. I have learned a lot about futures trading. And I could conceivably take some
of that knowledge over to "crypto trading." But, I likely won't do that. At least not now.

One very important aspect of trading is the "black swan" event. We can be blindsided by it at any time. Even shocking news events can roil the markets in a rapid movement. For or against us.
Remember. Stops are for loss protection. But, in a fast moving market. Stops can be of little value. The bid has to be there to stabilize the market. In a fast moving market. The bid can be what is called, "overrun." Meaning the market is moving so fast. That the bid is swallowed up in fast trading action. Rarely does this happen. But, when it does. It isn't pretty.

I will always help anyone who has any questions. I don't have all the answers. But, maybe someone I know does.
Thank you for Steemit loving your needy friend. I need all the friends I can get. Without friends. Life can be a little lonely. I Steemit love you too. I am so glad that we have Steemit.
How would I have ever known you and @knarly327. Truth is. I wouldn't.

Francis

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