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That's the problem I have I don't know who to believe. It's not the fundamentals so much as how investors perceive the fundametals. So I believe the only guy out there who hasn't lied to me yet. Price. If price moves in my direction there is no reason to sell so the position ends up being held...

More than likely although I think my focus is more on protection of capital. I attempt to keep drawdowns to a minimum. I've never averaged down. Don't hold losers in my portfolio. Works for me but not for everyone. Equity curve tells the story.

I don't differentiate. The objective is to make money. I buy stocks that are increasing in price. My risk control is to have a method of getting out of a falling market. I'm content to wait for a stock turn before I speculate. No shorting, too much risk.

So no risk control. How is that working for you in this market? What causes you to change your mind?

A guy by the name of David Allan Carter wrote "The 12% Solution". Bio says "With a management background and 20 years of investing experience ranging from mutual funds to options, futures, and high-frequency day trading" Sounds similar to what you are attempting.

All I can recommend is to keep it simple. Write stuff down. Ask yourself why you are doing whatever it is you are doing and if it is the simplest way to get to where you want to be. Question conventional wisdom. Be specific; define to a measurable amount things like "comfortable", "risk" and...

That's exactly the response I'd expect from a financial advisor. The problem is that most don't know what they're comfortable with until it's too late. When I finally got round to writing my own financial plan, I was very specific as to risk management, portfolio allocation & process. For...

Ah! Therein lies the problem. Could it be that whoever taught you didn't have your best interest a heart? The market is not there for you to make money , but for those who control the market to make money. As a financial advisor if a client came to you and asked for a portfolio that...

Nothing to it. :) What's so difficult?

Although I have several accounts (Tax Free, Retirement Income, Taxable, US Dollar and Canadian Dollar) I consider them one account. I don't differentiate between trading and investing or short and long term. The objective of the whole account is to increase my net worth. To me an investment is...

Let's form a procrastinators club just as soon as we get around to it. Whats the thinking around having a certain percentage in equity? In a down market you lose when you hold equity?

I'm paying attention. Hard to understand as stock trader where you buy, sell higher and make a profit. Never could bring myself to sit and watch my positions move against me. I don't hold losers in my portfolio.

You asked for a definition. I gave you mine. How about you define what makes a system low risk.

At what point will you want it to go up?

Have you taken the time to come up with a well thought out trading plan and put it on paper?

FOMO? Must be an emotional rollercoaster when your not sure whether you want the ETF to go up or down.

Knocking 10% off the price at the time of posting would give you a cost of about 20,500. Let's watch the money roll in. :)

Rule # 1: Do not los If you don't follow your rules you don't have rules!! If you follow rule #3, Rule #4 is unnecessary. :)

Thought you were an investor rather than a trader.

Then what cha gonna do?