What assets do you trade?

Gringo0

Newbie
Messages
2
Likes
0
Hi all. I trade exclusively on direct currency pairs, as I consider them safer and more predictable. What do you sell and why? I would like to know your opinion
 
Until this year I had always solely traded stocks and ETFs, I have now scaled back on those instruments and am moving into FX majors, commodities and indicies. My decision to rotate away from individual stocks is largely to do with unpredictable R/R and levels of sensitivity to an array of different circumstances. For instance a resignation caused SMCI to drop 30% today, you couldn't possibly foresee that unless you had someone on the inside maybe. Then you have earnings every 3 months which could result in an abnormal move against you, sure it could go in your favour too, today I benefitted from an after hours jump in PAYC, yesterday I was pleased I held GOOG but if you were long AMD you were likely stopped out after hours.

I won't totally abandon stocks but I am having a better time so far with the other instruments, I'll probably maintain a net short bias when it comes to trading stocks as my success rate shorting them is far better than it is when I'm on the long side.
 
Top