You need to manage your drawdown and roll risk. There's no such thing as a free lunch. Beta timing using futures is one thing, but trying to mimic a long only portfolio with futures is a recipe for disaster. I'm licensed and this is financial advice. :|
Overnight asks - Does Anybody Here Have Stops in Their Mutual Fund or ETF Fund? For Cryin' Out Loud!
- Thread starter easymon1
- Start date
It's not a portfolio, it is a trading account.
My high-div stock portfolio, which I got into in Feb 2020 after dumping a POS health-care fund, is doing quite well. If I had stops on all of those portfolio stocks? Well, I'd be pretty pissed. Here we are 15 months after the bottom and we're banging out new highs on many of them.
No need for stops in the "investing" account, and my trading life has taught me that there's really no reason for stops in the futures trading account either. Buy/hold/roll. It would have worked since 2014. Six years of learning, and the seventh year to start to finally flesh it out.
(But I do pine for CL again. Man, so juicy!)
I didn't know you traded other than NQ type stuff. I gotta set some time aside to pour over your whatchamacallit some day. Swear.
Mutual funds are managed within the paramers of the fund. It would stand to reason that they offer more leeway stopwise. There ain't no quote by me to anybody about long-term investments.
No doubt about it.
Had no idea there were so many "quotes" floating around, lol.
Why don't somebody misquote me on something positive sometime, boo freakin hoo.
I'm gonna go get my pout on...
I DON'T trade other than "NQ-type stuff", lol! I started in CL and moved to equity indices in 2018.
I do want to get into cows, but am still trying to learn that space.
You mean at the top of this thread? Where I "quoted" you from to make a title for your thread? Just trying to maintain fidelity to the spirit of the statement. No more no less. Fair and Balanced, lol.
The reason was to keep this tangent out of the "EveryTradingMethodKnowToManAndBeast" thread, i think is where you posted it. You could see this page after page coming a mile away.
We have seen this topic hashed out nine ways to sunday and now we have ten. Good thing too, this is a legit thread on it's own and would bloat a different thread with interspersed unrelated stuff like trading methods as opposed to trade management and be more difficult to follow.
This way it is all ritecheer doing mighty fine.
You should start more threads, kinda catchy too.
You should copyright that, it doesn't cost much.
"Overnight Asks - "
Who doesn't like that...? It's a natural.
What's next on the menu i wonder? Inquiring minds want to know...
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Do you know anybody who's into cows?
No sir. I'm the only shitjerk who tries to follow beef. There's someone else around here who has been looking into lean hogs, but I forget who it is.
You have a thread on that - The cow side of..., right?
Somebody here Must trade cows.
What's a good way to go about it, Buy low sell high, sell high buy low, Spreads?
You might surprise yourself on the upside if you did a couple of paper trades just to grease the skids, get your charts and order entry crap all lined out, all the pesky details, and run a dozen well timed paper trades and see what happens. Some of them boys over in commodities thread who are well familiar with cows and prob have traded them before would no doubt chime in plenty if you started posting up your paper trading dozen Cow trades one after another.
Advice, good badd and ugly might flow right in.
Next thing you know it's run-up to holiday season and you be looking at piggies too?
Ruby trades piggies.
I only relay the commentaries the peeps at the Agcenter post, because I find the industry fascinating. It reads, many times, like a novel. I enjoy their diction. With the funkiness of their contract specs, trading meats would prolly be more stressful for me than equities.
I post those bits because nobody else does, and it may be helping some traders who lurk.
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