My one-hundred-and-fiftieth YouTube video “Trend of the Week: You Can’t Trade Random Volatility” went up today.
I like volatility–much of the time. It’s a source of potential profits. However, when the volatility seems random as it does right now, it’s difficult to trade well, as each choice feels like a roll of the dice. Why was Plug Power (PLUG) up 11% in a day, while Pioneer Natural Resources was down 8% that same day–only to have their situations reverse the next day? It seems that much of this is driven by trader sentiment (It’s been down so isn’t it due to move up?) as opposed to actual market news.
Please watch and subscribe to my YouTube channel. And like my video.
Here’s the link:
