Buying and holding cheap S&P500 beats holding buying and holding agile, active index of hedge fund managers who are far far more expensive. Warren Buffett won this bet.
What were some strategies that worked in the past but no longer work well today?
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Buying and holding cheap S&P500 beats holding buying and holding agile, active index of hedge fund managers who are far far more expensive. Warren Buffett won this bet.
Help yourself. There is a wealth of information in the internet. Do some research. Lots of videos on You Tube. You should find something aligned with your style of trading. Start with those. Do some backtesting of trading systems given out on You Tube. Most good trading systems are based on the same setups dealing with pullbacks, breakouts, retracements. You just have to tweak it to suit your own trading system. There are no holy grails to trading and nothing works 100% of the time. You have to accept that fact!
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Buy Citicorp puts= a bullmarket uptrend is a real put killer LOL;
Buy SQQQ= actually that may still work well= wait for 200dma panic selling
Dollar cost averaging. Try that on GE, one of the oldest stocks on the DJIA
That still works, just gotten way harder and requires good technology
Correction. GE is no longer part of DJIA. Good riddance.
Opening range breakouts used to mint money back in the 80s and 90s. Far less profitable today (on most products).
Donchian breakouts (i.e. buy 55 day highs) used to mint money back in the 70s and 80s on all commodities...today they are far less effective (on most products).
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On the other hand, there are certain things that work really well today that haven't worked nearly as well in the past eras. Such as:
Shorting every spike in volatility....shorting the 3X etfs to capture the NAV corrosion....buying every single dip in anything equities above the 200 SMA.
Also, back in the 70s/80s buying a 3rd day up in a row in stock indices was a sucker's bet, but since Trump has gotten elected that no longer seems to be the case (from what I have seen).
Donchian breakouts (i.e. buy 55 day highs) used to mint money back in the 70s and 80s on all commodities...today they are far less effective (on most products).
--------------------------
On the other hand, there are certain things that work really well today that haven't worked nearly as well in the past eras. Such as:
Shorting every spike in volatility....shorting the 3X etfs to capture the NAV corrosion....buying every single dip in anything equities above the 200 SMA.
Also, back in the 70s/80s buying a 3rd day up in a row in stock indices was a sucker's bet, but since Trump has gotten elected that no longer seems to be the case (from what I have seen).
You can't time the Market. Well It really depends on your algo, tech and timing cycle
I think that Ganns square is not working on today’s market. I also think that this due to fact that today market is more complicated as it is more inter-connected and globalised. Still, in early stage of development of financial markets, it seems that it made fortune for Gann and his scholars