Historic Volatility

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Here a graph which shows some not so surprising news, the current market is the most volatile the U.S. market has been over the last 80 years (based on the S&P 500). The volatility last month makes the 1987 crash look like nothing.


There are a lot more interesting stats in the article that accompanies the chart.

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Quoted

"The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading... I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don't cut their losses short." ~ Victor 'Trader Vic' Sperandeo
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This page contains a single entry by Michael published on November 2, 2008 4:24 PM.

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