Trading financial assets and commodities are rarely easy. When one fills out their tax forms each year, the government classifies investment gains as "unearned" income. Evidently, nobody in the government trades for a living. Not ever part-time. Everyone knows how easy it is to lose money in the markets and how difficult it is to make a buck over time. If you are good enough to trade well, you earn every bit of gain you are able to capture. We find ourselves at a particularly difficult time in the market. Where prices go from a big picture standpoint is cloudy. What makes it dangerous is that volatility going forward is likely to be much higher than in years past. Complicating the issue is that it is clear to us that the investment markets will force us to wait a bit longer before the market tips its hand about what it plans to do next.
