Problems With Phasing

I’ve been on a bit of a economics kick lately, but it’s time to get back to the real purpose of this blog, which is teaching profitable trading.  A big part of that is passing on “lessons learned” – mistakes which cost me money and which you hopefully can avoid thanks to me highlighting them.  One of those mistakes resulted from what I’ve termed “phasing”. Continue reading

Risk-On, Risk-Off

I used the terms risk-on and risk-off in a previous post, and someone was nice enough to comment that they had no idea what I was talking about.  That’s always the downside of using trader jargon, but it’s pretty hard to talk about trading without it so the best alternative is simply for people to point out when I’m being unclear.

Risk-on and risk-off are really a way of describing very broad, medium term market movements. Continue reading