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- Razorjack replied Apr 23, 2013
Ok gentlemen and ladies, I feel like my time here is done. I hope all the readers of this thread were able to pick up some ideas and it cuts time off the learning curve. My karma is relieved and I have tried to give back for what I have learned. ...
- Razorjack replied Apr 23, 2013
Hi Deadlyhands, I'm not sure how other long term traders do it, I suspect that there are systematic ways using for example indicators. For me, the trick is to get in very early in a long term trend change and build a position through the turn. I'll ...
- Razorjack replied Apr 23, 2013
Hi Seaman2, I'm assuming this is directed at me, it is very sound advice. Overconfidence? Maybe my writing can be interpreted as overconfidence by some, however it isn't intentional from my side. I don't think I have anything to be overconfident ...
- Razorjack replied Apr 22, 2013
By the way, if you learn anything from my posts, please vouch for me so I can finally reach "10+v" I'd like to finish on a high note! LOL!
- Razorjack replied Apr 22, 2013
As you grow older, you realize that most people want rewards without responsibilities. They would rather be told what to do, than to figure out what they should do. IMO, this is why everyone is so interested in the latest indicators, systems, EAs ...
- Razorjack replied Apr 22, 2013
Hi burnzmeister, To paraphrase Jesse Livermore: THE BIG MONEY IS MADE IN THE BIG SWING. I can't stress how absolutely true this statement is. Most people have the misconception that they will make more money by scalping or taking chunks out of the ...
- Razorjack replied Apr 22, 2013
Thank you Nasir, for your very kind words. I'll be glad to take a few more questions before going into "hibernation" Wish you all the best in your trading/investing adventures!
- Razorjack replied Apr 22, 2013
Hi seaman2, Glad to see that you are profitable with your strategy, averaging 40% returns per year with a low drawdown is an outstanding performance. My average returns are difficult to quantify over a year because I will hold positions for several ...
- Razorjack replied Apr 22, 2013
Ok, some final ramblings before I call it quits. I was browsing through the forums over the weekend and looking at what people write, complain about, struggle with etc etc. There are some truly bizarre ideas about what trading is and how to make ...
- Razorjack replied Apr 20, 2013
Slippages and re-quotes usually occur on entries/exits at market orders. Might I suggest designing a strategy for yourself, where re-quotes and slippages don't impact your results? Or use pending limit or stop entries/exits and a broker/bank that ...
- Razorjack replied Apr 20, 2013
Hi Custos, Yes, I have a timing element in my strategy and it's different for different assets. As an example, for stocks, I wait until a stock or the industry has been in a downtrend and that the stock is worth much more than it's current price. I ...
- Razorjack replied Apr 20, 2013
Hi FranCisc0, Over the last 5 years, my yearly returns have varied between 80% and 600% and my total return over 5 years is around 2100% with a maximum DD of 15% on initial balance. As the account gets larger, I focus more on reducing DD and the ...
- Razorjack replied Apr 19, 2013
I just got asked whether I am now running a hedge fund. No I am not, I trade for a private business, my own company. So still a small fish in the ocean and one of the smaller big boys but still crossed over to the dark side! I was just thinking ...
- Razorjack replied Apr 19, 2013
No, I'll write you in a minute with the new email
- Razorjack replied Apr 19, 2013
Just me rambling....take it for what it's worth Without trying to come off like boasting, I have reached a new paradigm. I no longer see myself as a trader. Instead I am an investor, a long term investor at that. When I started this thread, the ...
- Razorjack replied Apr 19, 2013
Hey mate! Just been living the dream! How have you been? I still have your contact info, I'll send you mine in a bit and we'll catch up!
- Razorjack replied Apr 19, 2013
Hello everyone, Just thought I would come back for just a short while to finish up some thoughts I've had regarding this thread. I have to admit that it's bothered me to not finish what I started here, so here's the last of it. I won't do a ...
- Razorjack replied Apr 19, 2013
Ssshhhhh....don't give away our secret!
- Razorjack replied Apr 19, 2013
Completely agree. By looking for a system that is already profitable, newbies are bunching themselves in with the others that make up the 95% losers. On the other hand 95% HAVE to lose in order for the 5% to make a ton of money This "free lunch" ...
- Razorjack replied Apr 19, 2013
I'm afraid it's about more than just rebalancing a portfolio, you have to do all the things needed to build a balanced portfolio first. This is basically how money managers and hedge fund managers invest. This is also radically different from what ...