Asim Ghaffar, a discretionary global macro trader and founder of AG Capital, dives into the recent market sell-off and its potential triggers, from algorithmic trading to the yen carry trade. He emphasizes the importance of risk management and discusses the psychological challenges traders face. Ghaffar contrasts discretionary strategies with systematic approaches, highlighting the unique opportunities for smaller funds. He shares insights on market volatility, the possible onset of a recession, and the evolving role of gold in investment portfolios.
