TermMax Daily Topic: The Last Thing: From Participating in the Market to Understanding the Market: At the beginning, we talked about: Chaos vs Order. In the middle, we discussed: Interest rates, maturities, structures, strategies. And in the end, there’s really only one thing left: 👉 How do you participate in this market? Is it: acting on volatility; relying on emotions to make decisions; or: first defining the structure; then executing the strategy; TermMax