VituVingiSana wrote:@slick - My dilemma is how do I benefit from the Fed's largesse?
I am with you on the printing presses in the USA but sadly it is not a market I have access to.
You can access this wild Wall Street Fed money printing bonanza through CFD trading platforms like XM,Avatrade,UK spread betting platforms like City Index.
Though I must warn trading leveraged derivative instruments is EXTREMELY RISKY and 90% of retail traders lose money and blow up their accounts.In the trading community there is the mantra of 90% of retail traders lose 90% of their money in the first 90 days.Problem is that newbie traders live on fairy tales on making a quick buck fortune and take too large positions and fail to get out of losing positions early and are too greedy when trades go into their direction failing to get out turning winning trades into losers.As I have said repeatedly,Wall Street is a DIRTY GAME where the investment houses love naive retail traders who bet big and the banksters run the retailers stops making gains from retailers losses.Trading is definitely not for everyone
The game is to stay disciplined and understand how Wall Street really works (a Fed money printing pump job and a swindling racket to slaughter retail investors/traders).Remember in the current crisis,2008 GFC and all prior recessions the Fed bailed out the Wall Street houses but never bailed out retail investors who lost money.Take small position sizes no more than 3-5% of trading account,get out of losing trades quickly and respect your stops no matter what and dont be greedy.Long term you will be profitable this way.
NSE is too slow a market to make good gains in a short time span and right now NSE is kind of dead.NSE 20 Share Index is below 2008 GFC levels yet S&P 500 has appreciated by 5 times the GFC lows.NSE still languishing from the March Covid-19 disaster while US broader indices have retraced over 2/3 of the March sell off and the NASDAQ is currently near its all time highs.Stocks like Facebook,Netflix,Amazon have already recently hit all time highs despite the Covid-19 disaster and going long especially tech stocks is just an ATM machine
The real action is in Wall Street and cryptos.NSE is just a snail
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money