Videos and day trading updates from Harvey Walsh

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 better.

Todays video should, in all honesty, have been better than it turned out. Unfortunately I was running late and didn’t have time to complete my pre-market work properly. However, I still managed to find some profitable trades.

Which just goes to show – if we can find profitable trades without even really trying – the market must be loaded with opportunity!

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