“The Big Short’s” Steve Eisman Reveals What the Next Big Short is

 

 

 

Trader Scott’s Market Blog

September 19, 2016

 

 

The title of this post is from thisZero Hedgearticle. It discusses the “Big Short. But beware of this concept, virtually no one succeeds at it.
Here is my view of markets. About 90% of my focus in markets is on identifying/acting upon the lowest RISK/highest PROBABILITY entry points. Very little of my focus is on the POTENTIAL/NEVER CERTAIN outcome. We have zero control over the POTENTIAL outcome. We have 100% control over the entry point. So then isn’t it rational to spend the majority of our time/focus on that fantastic entry point?
If I somehow manage to “hit” a Big Short or a Big Long, it’s almost purely luck. And yes luck plays a big part in market success. However, we make our own luck through our preparation/planning/anticipating/acting (not reacting). And also be aware of the difference in potential between the two Big Hits. A Big Long has a potential return of many, many times. While a Big Short has a potential (unleveraged) return of “only” 100%.
But the one line from the article that I agree with the most is: “The only big short out there is when the world loses confidence in QE.” However, I would restate as: “The massive DISTRIBUTION/topping process in the confidence in globalism, governments, central banks and therefore in the world’s government bond markets is the biggest danger on this planet.”

 

About

img_0074bwcrsmTrader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day.Scott returned to markets over fifteen years ago where he continues as an independent trader.



Missing Podcast?

If you see an error with an archived podcast or know that an episode of our show is missing, please press the button below to send us a message so we can look into it.

Enter your name and email if you want to be notified when this podcast is fixed:

'Trader Scott’s Market Blog – “The Big Short’s” Steve Eisman Reveals What the Next Big Short is – September 19, 2016' has no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.

©Copyright One Radio Network 2014 • All rights reserved. Site built by RedLotus AustinThe information on this website and talk shows is solely for informational and entertainment purposes. IT IS NOT INTENDED TO PROVIDE MEDICAL ADVICE. Neither the Editors, producers of One Radio Network, Patrick Timpone, their guests or web masters take responsibility for any possible consequences from any treatment, procedure, exercise, dietary modification, action or application of medication which results from reading or following the information contained on this website in written or audio form, live or podcasts. The publication of this information does not constitute the practice of medicine, and this information does not replace the advice of your physician or other health care provider. Before undertaking any course of treatment, the reader must seek the advice of their physician or other health care provider and take total responsibility for his or her actions at all times. Patrick Joseph of the family of Timpone, a man...All rights reserved, without recourse.