i attribute my success this year to extreme caution and fear:) i made a rule,be never less than 50% cash, and constantly clean table,including losers,but it didn't go perfectly,as i did get 15% of my overall trading account value caught in the downsurge,and it will be dead money for several months i suspect--right now i have only one small bet in play on QQQ apr80puts,and will be very conservative on any re-entry buy-side.
I have watched people take wild rides up on the ARBA's and so on---but refused to chase,but always bought stocks starting to move up,and bail after a decent profit, and i also avoided buying dips--good luck---btw,sergio,who is that Max guy:) |
