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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (201901)5/12/2009 10:13:14 PM
From: Skeeter BugRead Replies (1) of 306849
 
BC, i feel your pain. one issue i've found is that i buy too much too early. when it goes wrong, it isn't really possible to drop a bigger bet and then catch more profits on the snap back.

i will probably adjust my down side strategy when the market is obviously falling, but i'm currently trying to...

1. do a better job following my charts - i forgot that IYR pops after big down days and i bought early - and got killed in SRS. yes, i made some money on the snap back, but b/c i went bigger up front, i still lost money. if i had gone smaller up front and big at the end of the day - i would have faired pretty well and let the trade ride longer, making more money.
2. i'm going in smaller and using my charts to add to positions.
3. trade a position while leaving a core position where it makes sense.
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