Can’t believe it is March already and this Non-farm Payroll week could not follow its usual script anymore as geopolitical issues now the focus of many traders and investors. But seriously, who can predict the outcome?
My advice to casual traders and day traders is to avoid trading during this time. You may not be able to handle the extreme volatility both psychologically and technically. It takes good understanding of the nature of volatility to thrive in this environment.
Ray Dalio uploaded a video that is timely for everyone to think deeply on what is happening now. Given the fact that he has diversified his portfolio away from United States, it sends a clear message that he sees a very different world going forward …
For those of you who are prepping for WW3, this is a video you must watch. Canned corned beef can taste / smell very bad if you choose the wrong brand.
I find this video on AI’s way to win the Monopoly game very interesting. In fact, more than two decades ago, that’s how I first started using trading bots in simulations to study market dynamics. One can learn so much about the financial markets by just understanding what other participants do in the markets. Yet, every retail traders are in a hurry to make money so they always focus on beating the market without first understanding what their opponents are doing in the game.
I am way behind schedule on my projects again. I lost a day thanks to power outage for many hours. Not even my uninterruptable power supplies (UPS) can last that many hours. And then I have all these new discoveries in price discovery behaviour that I have to manually verify. I guess it will be another month of crazy work hours.
Have a great weekend all!
