I was kicking around thoughts in my mind today stumbling across the topic of "models". Models as in trading models, which ones work and which ones have been "outsmarted" over time. Everyone who has been in trading understands over time trading "systems" eventually terminate, because the market begins to react differently given the same set variables. The reason i mention Fast Money, is there has never been a show on television which deals directly with advanced market strategies, such as options. The protection and leverage options has afforded people is something i feel is learned and earned, because they are usually coupled with a winning market strategy. NOw that every Joe bob who watches Fast Money thinks they can play the stock/options active trader game are either loosing big, or in theory causing strategies such as, edge/hedge, technicals such as support and resistance etc. to be become less and less profitable. This could be a ridiculous hypothesis, but i find these thoughts more often then not jumping into my mind when i see certain technical conditions go unnoticed. Primarily regarding our situation right now, a market which seems overbought but the oscillators simply mean nothing because they are so wound up. You got Fast Money contradicting itself every other day, and the talking heads on CNBC cheerleading higher higher as of late, lower and lower in the ladder part of the year. It seems everyone is trying is slanging technical trading strategies on infomercials and on the Internet. Bottom line is, when you have person's all over the media telling you how easy it is to make money by following "OUR" strategy, its time to look for a new strategy. There is always two sides to a trade, if everyone is playing one side, everyone will lose/ BUT the free market works problems out, social Darwinism Time will tell.
Google earnings commentary: http://adjix.com/47t5
Chicago Cub's schedule: http://adjix.com/2uw6
Drumbeat: June 2, 2012
4 hours ago

By Sell Puts

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