ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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That's EXACTLY how my imaginative fund is traded in the Verisimi thread in the Journal section.
80% of the capital is making safely 4% annually in CDs, thus if the fund follows the market faithfully, at year's and there is an extra 4% compared to the market's performance.
Since there is no leverage, if the market falls 2%, supposed I am long the fund falls only 2% too.
But still, it is better not to let the market move against your position by 20+ points, although I also let that happen...
apex, still waiting for 1432?
I believe that if same pattern is present in most indices, then it is like playing rugby 1 vs 10 if you decide to go against the flow based on a logical progression, you'll get slammed more often than not. Analysing EOD data in major indices is very important in zooming into opportunities like today, where a lot of money can be made. Everybody knew by now that world markets have become a run-away train, but nothing runs forever. Whether this train has run out of steam I wouldn't want to say just yet, it's only been 1 day.
I thought the call was good, so many non-belivers
Made 2 points on the ER and we may go up for another hour.
With increased volatility comes many more opportunities. I only dance to the beat.
"I believe that if same pattern is present in most indices"
It is from this that I made the call. Just playing the odds when Europe and Asia are down so much. But entry was on price action and order flow near the low.
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