patrick.net

indigenous says

Thanks,

Any other avenues for the retail investors to benefit from the likely devaluation of the Yen?

Well, there is the 6J futures, the FXY ETF, and spot forex.

However, do understand that you are *trading*, as opposed to expressing an opinion or belief. It is a brutal game.

Oh, there is a myriad of Yen ETFs and ETNs. Do your research carefully.

There are not a lot of viable retail options to directly trade pairs like NZDJPY other than spot forex.

Peter P says

However, do understand that you are *trading*, as opposed to expressing an opinion or belief. It is a brutal game.

There are 2 aspects one is the theory i.e. MMT, Ks, Austrians, the other is following the data. 2 different things.

And Thanks.

This was pointed out as many Austrians were predicting inflation because of the QEs. OTH Mish pointed out that is was not all that much as the total credit market was around 60 trillion which actually created deflation at the time as credit contracted in 2008

indigenous says

There are 2 aspects one is the theory i.e. MMT, Ks, Austrians, the other is following the data. 2 different things.

Regardless of theories, other things are far more important: entry, exit, position-sizing.

Peter P says

Regardless of theories, other things are far more important: entry, exit, position-sizing.

How long did it take you to learn options/derivative trading?

indigenous says

Peter P says

Regardless of theories, other things are far more important: entry, exit, position-sizing.

How long did it take you to learn options/derivative trading?

Time has little to do with it though. I have met people who are doing far better in less time.

I still have many personality flaws to work through.

Peter P says

I still have many personality flaws to work through.

The no emotion discipline?

indigenous says

Peter P says

I still have many personality flaws to work through.

The no emotion discipline?

More complicated than that.

Peter P says

Regardless of theories, other things are far more important: entry, exit, position-sizing.

I don't know and that is probably true. OTOH genuine theories(i.e. Not Keynesian or MMT) point out true value. I.E. Buffet seems to have done quite well with this concept.