Saturday, February 13, 2016
Reasons for this blog & about me
I start this blog now, cause the problem with twitter is, that i can use only 140 characters. If i have a thought in my mind that is 186 Characters long, i have to waste my time with correcting and shorten my thought. That`s annoying. It´s wasting my time. So, anyway, i will post from time to time my ideas about the world markets, my trades & investments at this blog.
My first contact with the financial markets started 20 years before. I trade now since nearly 15 years. So be prepared, i have a lot of experience. I did it all, from daytrading to position trading, from equites to derivates.
Today, i trade mainly currencies, also called forex or the FX market. I like the high liquidity, the 24h round the clock trading during the week. No gaps can suprise me overnight and overrun my stopps. Secondly, i trade commodities and stock market index CFDs. I have also an eye on the bond market, but i very very seldom make a trade here. Also very seldom, i make a trade in the equity market with CFDs. I follow a lots of markets around the globe, cause my targets are multi day or even multiweek swingtrades. I have the freedom to do that cause i just follow them in the daily or weekly chart. A daytrader don`t have this freedom, he is tied to a handfull of markets he have to watch carefully in the lower timeframes. If his markets are running out of serious money, cause the smart money, the international cash flow, is targeting other markets, than he is maybe doomed to stay in non-moving markets. Cause the majority of daytraders have no sense for the big picture, they don`t even notice that the real money has moved somewhere else. For an active investor or trader, it`s always important to know where the cashflow is going same as it is important for a grizzly to knew where the salmon run. Fishing in empty waters doesn`t make you richer, doesn`t matter how you try it and how disciplinated you are - no fish, no haul.
I did it all, including daytrading for many years. So i know what i`m talking about. Anyway, my experience leads me to this holistic approach i have now.
I combine today many things to something special, my approach has also some daytrading influences when it comes to taking low risk. I combine macro view and technical analysis, intuition and concentration. I found my own, unique and excellent working approach. It was a long journey until i had put that puzzle together.
Enjoy reading and maybe meanwhile you can learn something from doing so.
Please don`t forget: No trading or investment advice! I'm not responsible for any losses if somebody is following my ideas.