Coach T takes a question from Christian L. on how to deal with pre-market expectations. Enjoy!
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6 Replies to “Morning Mailbag: Pre-Market expectations, hedging > natural and forced”
Tim, really great video! I’d love to hear a more detailed video about account balancing if you get the chance. Thanks so much
It says page cannot be loaded.
Hi Daniel!
I just clicked on the page, the tackle trading page and the video itself and they’re all functioning. Check your internet connection, reset your cookies or history and/or restart your computer and try it again.
Cheers,
Tim
Thanks Tim! I appreciate you taking your time to answer all our questions.
I get what you are saying, but I’m thinking that I will be one step behind. I mean, if I see the futures opening down one morning and my overall portfolio is more bullish, I will probably lose some money that day if I don’t do anything. Therefore it could be a smart idea to open a bearish trade; however the bearish move might only be for a day or two and in that case would you then exit your newly opened bearish trade? I’m just thinking that I will drown in commissions opening and closing trades for a day or two only.
@ Christian – it depends on how strong the move is and what indicators you’re picking up on. If you don’t respond at all – you can find yourself on the wrong end of strong market moves (see last October). You have to take action somewhere. Some days – you’ll just manage the trades you have. But, some days you have to get in there and wrestle your overall account risk and try to keep it in line.
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