• WELL, 2016 HAPPENED. With the election now a hazy memory, it’s time to get back to business. If it feels uncertain, don’t sweat it. After all, traders typically like uncertainty because uncertainty begets market volatility. And market volatility begets potential trad-ing opportunities—quite often in places you might not expect.
So, despite your personal view of the world and where it sits right now in the political, social, and economic landscape, at least from a market perspective, new rounds of volatility are always welcome in our home.
Considering all the changes going on, we thought it was a good time to dust off some ideas that should get you thinking about doing things differently yourself, and see if you need to make tweaks to your own trading style.
Maybe you found yourself scratching your head at a flat P/L or watched a once-beloved trading strategy turn to dust and didn’t know why. Our cover story, “What I Learned Not to Do” on page 16 might lend a clue as we dive into lessons learned in 2016 about the risks of direction, time, and volatility.
Then, we’ll hand off the baton to “It’s Not You, It’s Me” on page 22 to give you some practical tips on what you might do when making some of those mistakes, and a map for how you might get back in the game.
And finally, stepping outside the comfort zone of traditional buying and selling, we’ll throw you into the alt world of futures and pairs trading. The former could get you trad-ing food and energy in ways you never imag-ined, while the latter could end your personal battle between two beverage giants without having to choose a side at all. If you’re new to both types of trading, we’ll help you dive under the hood first to see if it’s something you want to drive.
So, bring it on, 2017! We’ll gladly take your change.
In this Issue:
•2016 Lessons Learned
•Recovering From Mistakes
•All About Futures
•Pairs Trading Primer