What are you talking about man? "Top/bottom" picking can be a very viable method of trading (go visit PTJ if you don't think it can be done) provided one employ sound money/position management. I have been reading your posts for the last few months, and the pompous-arrogant manner in which you deliver your useless rhetoric is highly annoying.
I'm Short here....
- Thread starter trade-ya1
- Start date
What are you talking about man? "Top/bottom" picking can be a very viable method of trading (go visit PTJ if you don't think it can be done) provided one employ sound money/position management. I have been reading your posts for the last few months, and the pompous-arrogant manner in which you deliver your useless rhetoric is highly annoying.
Yes, you are wrong.
While it would have been nice to make 40% going long the S&P the last year, my track record over 9 years speaks for itself. I have an average gain of 40% a year, so its hard to knock my strategy.
But it would have been nice to have been long since 800 S&P. Why didn't you tell me to go long last March?
I think he's saying he has a system that consistently returns him 40% regardless of bull/bear market, and no one was expecting the S&P to go as high as it did last year, so he stuck to his own system. He can correct me if I'm wrong, but that's the idea I got from his posts.
-Fast
too many people here cannot read English. Read what I said. While it would have been nice and the correct move to be long and make 40% in the last year, it is not the correct strategy for ME.
I've made 40% a year for NINE years doing what i'm doing. So why change?
Yes, well said. I thought you were one of my detractors?
Quote from ig0r:
Selling naked calls doesn't seem very market neutral to me
Not to mention that a WHOLE lot more than 40% could have been made quite easily playing long for the last month or two, not to mention the last 6 months
How about since Jan 2000? How's your long record over the last 4 years?