No Pain & Gain

“Magnitude of losses and profits is purely a matter of position size. Controlling position size is indispensable to success. Of all the traits necessary to trade successfully, this factor is the most under-valued.” – Mark Ritchie
We are getting ready to see what comes out of OPEC today as the equity ramp, on far from impressive volumes, continues. So far, more of the same: equities up, DXY down, VIX down but with bonds and GOLD still bid… something has to give. As we like to say, it’s not a matter or ‘if’, just a question of ‘when. Stay tuned…
Videos uploaded this week: Morning Call & Weekly Outlook.
As always there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.

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