Trading For Tough Times
We’ve recently had extreme market volatility and the collapse of some major players. What can the individual trader do to survive and thrive in the face of uncertainty? Paradoxically, chasing certainty is not the best approach for the trader. The trader manages risk rather avoiding it. This means not relying on structured products with “capital guarantees” that depend on the solvency of the counterparty (such as principal protected notes). Uncertain times means returning to basics and using t