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Having A Ride Of Our Lives
By The Bedokian Portfolio  •  June 5, 2023

If you had been following very closely to the markets (especially the U.S.’s), you would have probably experienced a metaphorical roller coaster ride, mainly due to the debt ceiling issue that the U.S. government was grappling about, not to mention the various finance and business news channels blasting about it daily. What we had been hearing were things like “markets selling due to debt ceiling concerns” or “markets rebound on resolution of debt ceiling”, or along those lines, and trust me if you had read enough of these, your heart would have experienced the same level of adrenaline rush that was felt as if you were on the Cylon ride in Universal Studios Singapore.

If you are a trader, yes, having those feelings described above would be completely understandable as the positions that you take are short term in nature, perhaps lasting minutes, hours, days or weeks.

 

However, if

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By The Bedokian Portfolio
My first encounter with the financial markets started in the aftermath of the 2008/2009 Global Financial Crisis. Before this, I had no notion of what investment and trading were, although I had learned about economics, business management and accounting back in my university studies. I was a trader when I first started, albeit an amateurish one, and trading was just a side hobby of mine ...
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