Videos and day trading updates from Harvey Walsh

Posts made in March, 2008

Recession? Bring It On!

Posted by Harvey on Mar 18, 2008 in Trade Videos | 0 comments

I love it when newsreaders get all excited and start telling us about economic meltdown, turmoil in the markets, inevitable recession, and generally impending doom. No, I’m not a masochist. But when things get interesting enough in the markets that it’s deemed newsworthy enough to make the evening news, it means there’s some serious volatility – and that means seriously profitable trades. This week, for example, has been simply wonderful. And as I write this it’s...

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Markets In Turmoil? Yeah Right!

Posted by Harvey on Mar 12, 2008 in Trade Videos | 0 comments

There seems to be this idea that if there’s a downturn in the markets, or things get a bit hectic, that it suddenly becomes difficult to make money day trading. The so called “credit crunch” is providing us with a fine example of this right now. The thing is, nothing could be further from the truth. As day traders, we need volatility to make money. We don’t care if the market is rising or falling, we just want it to move. And generally speaking, the faster the...

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