Looking for Clues

 What's wrong with the markets?

 According to Karl Denninger, no one is playing the stock market anymore but computerized, high frequency algorythm programs (aka HFT's). It's human-free.


 Karl Denninger says the markets are rigged

 I have the utmost respect for Mr Denninger .... most of the time. He has been responsible for some of the most enlightening youtube videos on trading the stock market that I have ever encountered; nevertheless, he often comes across as an individual who has simply failed to adapt to the "new world order" of trading. He seems to trade on what he thinks is right rather than what the charts are telling him. Obviously, there's a time and place for fundamental analysis, and many an astute trader has reaped the rewards based on this primary concept.

 There are times, however, when a trader simply has to "tune out" the news, look at the charts and get on with it. If the fundamentals fail (and fundamentals have failed miserably for two plus years now) either we change our approach or change our careers. Those are our only options.

 Trading is not an exact science. If it were, it would be an easy game to play. Perhaps this is why so many people take to blaming the powers-that-be on their unsuccesful trading. I've done it myself a time or two. For example, I simply could not understand why the trading methods I was taught that worked so well when I first started ceased to stop working a couple of years ago, and it was convenient enough to blame the Plunge Protection Team for my own trading ineptitude.

 But ...... failures are failures are failures! Pointing fingers at anyone other than ourselves is not going to get our money back.

 So we either deal with it or go back to being a waitress or an accountant or a ditch digger.

 That's the stock market.

 It's not supposed to be easy, despite what all those books you'll find at Chapters with the glossy covers tell you.

 Adapt or Die.

 It's the one rule of trading that isn't going to go away.

 As for Mr Denninger's assumption no one human is trading ......

 I'm trading, and if you're reading this, you probably are, too.

 Always perform your own due diligence. These are only my opinions.