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Japan Sees Worst October Trade Figures Since 1979 and That Means What?

If you are trying to make money in the markets from up and down movement in any market (I mean any) does having Trivial Pursuit like knowledge of every economic factoid that pulses across your screen really do anything positive? Not unless you enjoy flashing lights, annoying sounds, and people jumping up and down 24/7 with the expressed objective to simply make you fearful … so much so that perhaps you purchase adult diapers. Harsh? Not even close. A trend following perspective doesn’t care about trade figures. Me personally? I am in Japan now so a devalued Yen is nice for my Sushi habit, and a short position in the Yen is nice for profits, but otherwise these debates and news flashes about tomorrow’s direction is fools gold.

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Source: The Tokyo Times

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Posted in Economics, Holy Grails, Trend Following
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