Recent content by bmatthews

I respect your accomplishments but I don't think you understood what jcl was firing at. This isn't a hedge in the traditional sense of the word, in that it's only aim isn't to reduce maximum losses but to also ensure against a dip in performance in one strategy against an entire portfolio...

To put this to bed. Expecting to make $120,000 a year from a $50,000 is extremely optimistic to say the very least. If you could make $5,000 year after year then you can count yourself skilled. If however you can generate a 1000% plus return each year then it wouldn't be 5 minutes before...

What happens if your broker goes bankrupt? http://www.finra.org/investors/protectyourself/investoralerts/p116996 You will most probably be just fine. With regards to buying US T-bills? Seems "safe" enough, if your worry is protecting your capital and not preventing losses.

This thread made for a very intriguing read. Very ironic in many ways, it seemed like the OP didn't want to discuss ANYTHING, while gloating about a trade they hadn't even defined. I must say that was very strange behavior.

I think what he was saying is that too many newbies and "Pros" over complicate their trading strategy, not realizing that no matter what they do, those lines and pivots and other contraptions cannot predict price movement in the future. My personal view. Support and Resistance should be just...

I agree, and that is simply the foundations of a beginners strategy. There is plenty of scope to build unto this while minimizing risk. Of head I would suggest that rather than just taking tiny 10% portfolio positions every now and then. A smart move that will still keep risk at a...

The method is very simplified, it isn't as simple as that. However, a lot of the faults pointed out are due more to the over-simplification of the method, than to the method itself.

I think you might have missed the point... The important thing with this particular strategy is to take no notice of a major uptrend in the market, because you cannot always predict when a downtrend is coming - making your position so much more risky and bringing out the stupid emotional...