Volatility Is Not Direction

I woke up this morning to a thumping great loss.

Possibly one of the biggest I’ve ever taken in a single day.

Now that focuses the mind.

Markets are all over the place right now. The Iran situation has sent oil jumping around, equities whipping back and forth, and portfolios moving by eye-watering amounts in a matter of hours.

But when something like this happens there’s really only one question that matters: