Beginning July 1st I will be shifting the 331, 631 and 333 strategies to a “Blended Monthly Rebalancing” strategy in this space. As a result of the hard work and backtesting of many mastermind members I am satisfied that we have found a ruleset that offers improved reward:risk, and risk management. The 3 systems we […]
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Business and friendship
a friend was asking me about some business related issues, and i tried to articulate how i feel about business and friendship to me, in my opinion only… i have friends that i cannot do business with i have friends that i will not do business with I only do business with 3-4 friends, and […]
defining critical price levels for any trading target
Price levels you should know for any target in your asset allocation strategy Minimum mandatory exposure Minimum price level indicating RS momentum advantage Limit of Maximum rational outperformance Maximum outperformance in the lookback period Maximum outperformance since the target began trading Your estimate for next new high? Related articles Price-level targeting: no chance (ftalphaville.ft.com) Wholesale Price […]
Continuous learning is continuous improvement
Andrew Lo notes that beating the market does not come easy, nor is it something that is easy to maintain. Lo likens the pursuit of above-average returns to that of a company trying to maintain its competitive advantage. After introducing a hot new product, a company cannot just sit back and wait for the money […]
weekend review May 15, 2011
Market in Bull Normal; Market is neutral on a short term basis Equities were sideways all week, digesting last week’s gains, with a slight advantage to the US and its defensive sectors Commodities experienced more weakness this week, with silver remaining highly volatile Rebalancingproject: Monthly rebalancing : next re-evaluation on/about 1 June 331 is holding […]
a good friend of mine interviewed me for his trading web site…
Describe your style of trading (short / medium / long term, trending / contra trend, what instruments….) I would describe myself as a trader in a combination of short-term and medium-term time frames. In my short term trading I would classify myself as intraday with willingness to hold overnight if circumstances warrant it. My medium-term […]
Premarket notes: May 6, 2011
i think there’s more weakness left in Silver, tactically. I wont hold any short over the weekend though, the weekly chart will really look horrible Can afford to be very judicious here; i continue to look at the techs; Plenty of indices on the chasnnelling and overreaction tradeset up. I will be stalking for […]
Weekend review, Apr 30, 2011
Market in Bull Normal; Market is Overbought on a short term basis Equities have broken through the previous swing high, with signs of confidence in Asia less Japan and Europe emerging US Dollar plummets to its lowest point in years. Precious metals, commodities, energy of any type are dominating, especially silver (which is beginning to […]
Breakout gathers strength
SPY’s breakout adds another day of strength as technology begins to recover its strength: MSFT, CSCO, INTC all doing better than SPY today Silver showing some topping behavior today; tomorrow will text the bull committment
Tortoise daily trading plan review
Silver showed some topping behavior, and after an unbelievably good run its time to preserve profits in the face of intraday selling pressure. Maintain a core position in silver, and revert to tactical trading in both directions to take advantage of the uncreased liquidity Best swing trade candidates on the basis of reward:risk ratios: Google, […]