[YEAR IN THE LIFE - PART V]

This period was when the credit crunch really took effect on the markets and the volatility was just insane. This was a horrifically difficult period to trade, especially for a newcomer like me. A more experienced trader would have interpreted what I was thinking as a very easy hint to take all their money out of the market, or open shorts all over the place.

Credit crunch era

http://thestudentloanranger.blogspot.com/2008/06/trading-breakdowns.html harmless post on meltdowns, i should have realised that this was the ‘credit crisis’ really beginning to kick in here in mid June. I had closed my III account around this time on the back of some ridiculous let downs. If I was a more experienced trader, I would have pulled all my money from the market here – or shorted SPY long term. I wasn’t and I didn’t.

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzIWoubkbpoe1PG99iYjutUiCYIPutJMCkGFk55eoCdWRspkCENeDRuuJ5VnSCgGcuYqb8pNCjh5EJjwTaiBVRWFN44iPbEpG1DbSWakviRS1MALB5Ehvb6zMtEnO9XxivMTTEwhJkNsc/s400/cball2.gif crystal balling logo first used mid June.

http://thestudentloanranger.blogspot.com/2008/06/weekly-round-up_20.html things really starting to meltdown in a post where the round up logo was first used.

http://thestudentloanranger.blogspot.com/2008/06/crystal-balling-june-23rd-27th.html Judging by this post, I would say that the credit crisis officially and very suddenly took effect on the short term markets between June 15th-23rd.

http://thestudentloanranger.blogspot.com/2008/06/crystal-balling-june-30th-july-4th.html this post was the first to feature an alert section for stocks of a lesser quality setup, and involves the first stock rotation programme on my watchlist.

http://thestudentloanranger.blogspot.com/2008/07/intra-day-action_09.html credit crisis affects markets so much I stop trading for a week, reliability of setups was non existant at this point and I was frequently stopped out of trades very quickly. It was in this week that I began my relationship with cmc.

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