By all definitions the past two years have been pretty challenging to many retail traders and not surprisingly the exhaustion I sense in the comment section is palpable. A lot of what has transpired can be attributed to a marked increase in realized volatility which over time has contributed to a now permanently elevated baseline in implied volatility.
When it comes to indicators I definitely have come round circle during my evolution as a trader. Like most of us I started out like a kid in the candy store, especially during the early ThinkOrSwim years, which opened the flood gates on the availability of advanced tools for lowly retail traders.
Hello denizens of Evil Speculator! Just as Mole is off to visit his indigenous peoples of Austria, I’m back from a week of honoring my Fucks Given Reduction (FGR) process in the California desert at Lightning In A Bottle (LIB). Fresh and ready to go deep into some stuff you can actually use to trade with. As a bonus to my Cali trip, I got to spend a time in Venice with a man who goes by the moniker The Trip Advisor, who is behind-the-scene responsible for the biggest hit Post Malone has.
Living in Europe I mostly follow the index futures as the underlying cash indices only offer me mostly supplementary context during the RTH session. Although I do enjoy trading stocks and in particular their options the limited trading hours are not just challenging (and sleep depriving) for someone located in Spain but it puts strict limits to the type of activities or systems one is able to pursue as a trader. And this spells particularly true in the type of market we have increasingly found ourselves over the past few months: