As many of you know we here at INO are huge Norman Hallett fans. He's been a featured guest blogger here many times (see previous posts) and today I asked him to give us an exclusive preview to his new book, "Taming Risk - A trader's guide". His post below covers Systemic Risk and the VIX. This information is extremely helpful so be sure and read on! Also for the next day or two only, he's allowing complimentary downloads of the complete book. I have read the ebook (2 days ago actually) and I can honestly say you WILL learn something that you didn't know before about risk and money management. So enjoy Norman's kindness and enjoy the special INO members only message where you can download the full book! Oh yeah comment...he wants to hear from you.
Good Morning Trader's Blog readers!
Sentiment is emotion. In regards to how the entire investing public feels about the market can be measured in many ways and the market indices are good general objective measures of how investors and traders feel about the systematic risk in the markets.
One of the more popular measures of sentiment and systemic risk is the VIX...