What now: a message from Remek!

Ferenc, founder @ Remek!

Wherever we are in the world right now, we’re all dealing with extraordinary challenges that many of us have not seen in our lifetimes. Never before was it clearer that we’re all in the same boat, regardless of location, nationality, occupation, education or, for that matter, financial situation. It’s only together that we can work our way through this unprecedented challenge. And we will.

It is a somewhat strange coincidence that this year Remek! is celebrating its 10th year. While I did set foot once or twice on the NYSE way back in the early 80s (now that dates me!) and had a brief stint as a fundamental analyst years later, it was only in 2010 that I really got down to studying the markets and became a technically motivated market participant on a daily basis, a career that led me to education at the highest level in 2016.

I may be in the minority now that vividly remembers Oct 19, 1987, aka Black Monday. Since then, we’ve seen the Nasdaq craze (and bust), we’ve handled, for better or worse, the crash in 2008, the silver craze (and for many, bust) of 2011, but let me tell you, those were nothing like what we’re dealing with now. This now is literally about life and death.

Remek! webinar with Shark Indicators, next Tuesday. Sign up now!

So what’s next?

  • First and foremost: make sure you and your loved ones are safe. Listen to the scientists.

  • Reach out, get on skype, check up on friends and neighbours. Make them laugh, ask them how you can help.

  • If it’s you that needs help, do not hesitate to reach out!

  • Stay home if there’s a way. Don’t get sick and don’t be a spreader.

  • Keep the kids busy. Play music. Make a house band! Rock it out and rip it up. It’s okay to have fun. Blast Bach, if that’s your thing!

  • Learn something new. If you’re a trader, learn about statistics, price action, market structure, the nature of randomness. Read a few books. Check out Khan Academy!

  • It’s okay to go for a walk or go biking! (No gym for now!)

  • Finally, if you don’t have a written trading plan, this is the time to do the math and write it all down! No excuse!

Lastly, we at Remek! have also been thinking of what we could do for the trading community, as a business, but also in the spirit of “paying it forward”. So here’s what we’ll do:

Stay safe, y’all!