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The US economic recovery – V, W or Nike shaped?

The shape of the US economic recovery ahead is much discussed, will it be L, V, U, or W shaped? Seriously, this is a debate!

Now there is a new contender – the Nike Swoosh shaped recovery. This is probably a read for the weekend with a glass of something (really strong most likely) in hand:
  • the recovery could be shaped more like a Nike swoosh. The bottoming out process may take a little longer to take hold, but once the rebound starts it would be steady and gradual.
Piece is here if you’d like more.
Why not ASICS shaped instead?
The shape of the US economic recovery ahead is much discussed, will it be L, V, U, or W shaped? Seriously, this is a debate!

1+11 Reasons Why Traders Fail

  1. They have inadequate capitalization.
  2. They are using someone else’s system.
  3. They lack knowledge of the system’s performance.
  4. They are unable to sit through flat periods or drawdowns.
  5. They are unable to handle stress.
  6. They lack commitment.
  7. They experience drawdowns that are greater than their hypothetical testing.
  8. They override the system’s signals.
  9. Their ego prevails.
  10. Their system is overoptimized; they make additional rules to take out losing trades.
  11. They lack parameters for spike performance in markets.
  12. They lack diversification between systems and/or markets.
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