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i Have never understood hedging. You buy one security that will move in the opposite direction of the one you hold. So as one goes up, the other goes down and you don't lose any money. But you don't make any either. Or you spend a little to buy OTM options so in the case of a black swan event...

Hundreds? On any one day? Don't think I've ever had hundreds. There are days I don't find any and days I'm fully invested and don't need to look. I also filter for minimum price and volume. There is no information I need that is not shown on a chart. I don't disagree that I'm long momentum...

I have no idea how to compute a sharpe ratio. All seven positions have survived or I wouldn't be holding them. I risk less than 1% of my portfolio per trade. I rarely get over 7 or 8 positions before I run out of capital. Win rate this year so far is 61% (That's better than most years Average...

Nothing works all the time. If you got your double (105%) by betting everything on each trade I'm afraid you are doomed.

Do you understand the magic of compounding. After 5 years you have 192K; hardly pointless.

54 trades so far in 2021; Holding 7 positions today; 30% in cash; went to cash in Mar 2020 so don't have anything that's 2 years old.

Any idea what that would be because I can't think of anything?

Does outperform mean that when the market drops 40% they only drop 35%? Does that skill involve shifting assets so that the drawdown in minimal? How does one manage a portfolio that only holds equities? Are there managers who will move back and forth between stocks and cash or is that seen as...

I guess for the guys I hired my expectations were too much. Wouldn't you expect a professional to out perform the market.

There are rules? Trading is one of the few places where doing the same thing over and over and expecting different results actually makes sense. My rules. Buy stocks that are going up. Don't hold losers in your portfolio. Don't hold stocks that are trending down. How do I tell if they are...

Ah but if you throw in a little trade management. Cut losses and let winning trades run until they change trends you can make a pretty good return with 50/50. I don't just pick random stocks. I prefer stocks making new highs, after being in a consolidation with the daily range and volume...

Somehow I get the impression you haven't had much success reading charts. Is it because you were taught that TA didn't work or have you not put in the time to learn how it works? I've done lots of reading but then I was studying how to read charts.

That and learning from your mistakes.

Someone much smarter than me once said "Luck is the residue of effort"

Maybe you should stop trading stocks that are falling? You can always get out the next day if a trade goes against you.

Sounds like one of those strategies that always works until it doesn't. The question is has this helped with your education. What could you have done different and why didn't you? Doing the same thing over and over and expecting a different result actually works when you're trading. You just...

You never know. You decide before you get in the trade how much you are willing to lose then set a stop. Are we discussing NILE? Where did you get in? Where did you exit?

The average fund manager can't outperform the indexes and 90% of traders fail. You are making 105% with algos and a way more discretionarily. Nice!!

Hey John; Attacking the person rather than the belief doesn't add to the debate.

The trend is down and you are going long!! That's fighting the trend.