shillllihs
6,093 posts
msg #131742
- Ignore shillllihs |
10/4/2016 9:43:05 PM
Uvxy drops 5% tomorrow. No position.
|
shillllihs
6,093 posts
msg #131759
- Ignore shillllihs |
10/5/2016 12:21:18 PM
Added DUST at open. What a brilliant move.
Listening to a highly underrated brilliant band.
The Happy Mondays
|
shillllihs
6,093 posts
msg #131763
- Ignore shillllihs |
10/5/2016 12:56:16 PM
Put my limit order for,
DUST
At 99.99
|
pthomas215
1,251 posts
msg #131764
- Ignore pthomas215 |
10/5/2016 1:05:04 PM
this is something else. I thought dust was overbought at 37 ! the big run up until the election.
|
shillllihs
6,093 posts
msg #131765
- Ignore shillllihs |
10/5/2016 2:42:07 PM
Double up Dust at 39
|
shillllihs
6,093 posts
msg #131767
- Ignore shillllihs |
10/5/2016 3:22:05 PM
15 years of SF., and still not one successful system.
Try this for steady returns
FAGIX
|
pthomas215
1,251 posts
msg #131768
- Ignore pthomas215 |
10/5/2016 3:25:04 PM
Im going over there on friday. why do you like the fund?
|
shillllihs
6,093 posts
msg #131769
- Ignore shillllihs |
10/5/2016 3:33:46 PM
I like this
https://finance.yahoo.com/q/pm?s=FTABX+Performance
I mean if you want to get out of the trading game, no headache.
Just keep pouring cash into it.
Best time to buy after a down year.
|
johnpaulca
12,036 posts
msg #131770
- Ignore johnpaulca |
10/5/2016 3:34:49 PM
Hey Souvlaki.....I think you're suffering from some sort of brain trauma, should check out a neurologist, yes!!
|
Kevin_in_GA
4,599 posts
msg #131771
- Ignore Kevin_in_GA |
10/5/2016 4:15:10 PM
I like Kevin--nice guy, smart guy. But the definition of a successful trade is not a non-busted trade. I don't want to front 100K and tie up that capital to make $1K.
Thanks - two thoughts on this.
1. While a non-busted trade may not be seen as "successful" by some, I think we all agree that a busted trade is a failure. Consistently profitable trades with a positive expectancy
EXPECTANCY = (win% * average return on winners) - (loss% * average loss on losers)
indicates a winning system, while a consistent string of weak or busted trades is a systematic failure. The occasional large win must be supported by lots of other smaller wins to offset the occasional large loss. Otherwise you are basically treading water.
2. I am fine tying up 100K for no more than 10 days if I can make $1000. That annualizes to more than 35% per year which beats 99% of all investors. If it took a month to make 1% you would still be beating 95% of all investors in annual returns.
I have been trading a small 200K account using predominantly just the ^VIX system since 8/1, and am up 14K (7%) during that time (with the S&P 500 still down about 0.5%). Had I followed it religiously, I would be up another 10K. My bad for not doing what I should have, but the point I am trying to make is you do not need to swing for the fences on every trade. You need to have a reliable systematic approach that you follow, and not keep trying to second guess based on news or a gut feeling. This is something I am trying to work on and get better at.
|