Down to about $90k, where would you park it if your trading skills were trash?

zghorner

zghorner

Yea so I don't have an edge and just lose money constantly. Execution is solid, psychology decent, edge is poop.

Looking to just put some cash in longer term spots. VOO will probably get a portion of it but where else should I look? Any book or resource recommendations on liquid allocation? Not really interested in single company investments.

S&P made around 25% last year...did your trading account do better? Legit question if anyone outside of maybe Des and a few others are generating alpha....if my tradong account would have grown 25% last year I'd be pumped.

Thanks.
 
zghorner said:
Yea so I don't have an edge and just lose money constantly. Execution is solid, psychology decent, edge is poop.

Looking to just put some cash in longer term spots. VOO will probably get a portion of it but where else should I look? Any book or resource recommendations on liquid allocation? Not really interested in single company investments.

S&P made around 25% last year...did your trading account do better? Legit question if anyone outside of maybe Des and a few others are generating alpha....if my tradong account would have grown 25% last year I'd be pumped.

Thanks.
More...
Depending on your risk appetite, I would buy SPY or QQQ or UPRO or Calls (LEAPS) on QQQ.
 
zghorner said:
Yea so I don't have an edge and just lose money constantly. Execution is solid, psychology decent, edge is poop.

Looking to just put some cash in longer term spots. VOO will probably get a portion of it but where else should I look? Any book or resource recommendations on liquid allocation? Not really interested in single company investments.

S&P made around 25% last year...did your trading account do better? Legit question if anyone outside of maybe Des and a few others are generating alpha....if my tradong account would have grown 25% last year I'd be pumped.

Thanks.
More...

for now a cd. Take a break and figure out your step.
 
zghorner said:
I've lost about $130k
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Okay so a bit of a drop. Not easy to deal with but you didn't lose it all like some have you have a nice amount to work with.


Was it mostly with options?

For now you can make around 4500 a year in cds or just plop it in spy even though at highs and just let it sit...

best bet may be to buy 10k worth of spy every month and add accordingly as you save more money.
 
zghorner said:
Looking to just put some cash in longer term spots. VOO will probably get a portion of it but where else should I look?
More...

In addition to VOO, you could buy shares in ETFs with low correlations to VOO.

See the attached semicolon-separated VOO_correlations.csv that has recent, three-year, daily return correlations (QuantDare method) of Vanguard S&P 500 ETF (VOO) with other ETFs.
 

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