The President may be heading to jail and China into the dumpster, but the market doesn’t want to trade lower. As such, one with a keen eye for preservation of capital should steer clear of selling short. This is a tape for gentlemen with cash only. If you’re the type of person to get nervous or unable to trade in rapid succession — you would be wise to avoid this tape altogether.
If you see rates moving higher, avoid gold — believe me. Also, and this is just be speaking now — fuck oil. If you want to make money trading, reduce the risk and just buy some tech.
As for me, fucking exhausted and just woke up from a nap. I have 45% cash in my trading and will buy something shortly.If you enjoy the content at iBankCoin, please follow us on Twitter