piranha526
Contributor
Re: The effects of a US / Iran war or terrorism on a shaky econom
I am going to sound like a wise a$$ when I say this but I trade reality in the present. I use the information at hand to make sound trading decisions based on risk/reward ratios. Simply put, I trade for capital appreciation. I can't allow my mind to wonder to all the "what-ifs" in the world. This would hurt my trading results based on pure human nature (the longing to discuss possibilities that may or may not happen and are completely unimportant at this time because they aren't happening).
Trading results suffer big time the minute an investor starts mixing reality with perception (perceived beliefs on a potential situation).
I don’t think about a war with Iran. I trade the charts (with fundamental support) and they will tell me long before the news breaks if something fishy is going on in the world. Someone always knows and they trade well before the general public and this can be observed through simple market analysis using only price and volume.
I'm just curious as to what some more seasoned investors think the results of this would be. Considering our economy's current situation do you think going to war with Iran or another 9/11 in 2008 would be enough to send our markets tumbling? On a macro level I imagine that the amount of debt we would have to issue to fund another war would lead to a further decrease in the value of the dollar and $100 barrels of oil would seem cheap. What area of the market do you think would be hit the hardest and which areas (if any) do you think could benefit?
I am going to sound like a wise a$$ when I say this but I trade reality in the present. I use the information at hand to make sound trading decisions based on risk/reward ratios. Simply put, I trade for capital appreciation. I can't allow my mind to wonder to all the "what-ifs" in the world. This would hurt my trading results based on pure human nature (the longing to discuss possibilities that may or may not happen and are completely unimportant at this time because they aren't happening).
Trading results suffer big time the minute an investor starts mixing reality with perception (perceived beliefs on a potential situation).
I don’t think about a war with Iran. I trade the charts (with fundamental support) and they will tell me long before the news breaks if something fishy is going on in the world. Someone always knows and they trade well before the general public and this can be observed through simple market analysis using only price and volume.