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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (88017)	6/16/2009 11:14:41 AM
From: ItsAllCyclical	Respond to of 94695

OT - >> Call me complacent if you will, but the returns were great and the trend was my friend << No, I believe in looking at whole picture. Of course there's a tradeoff between more money, time and one's family. I respect those individuals more who tend to take a balanced approach. I certainly wouldn't mind spending less time at the computer I just haven't found the system that works for me.... yet. If I make it thru the next 3-4 years with even modest gains I should be in a position to take even less risk and devote less time to investing. Right now I tend to be concentrated in various sectors so with the added volatility more time is often required. I use mental stops. If I had more confidence in hard stops I could probably spend less time at the computer. I started w/nothing in '95. Built the first 20K with bank CDs and then leveraged into oil plays, then gold for the most part. Able to work out of my house for myself doing trading now, but not at the point where I can completely relax yet. Always interested in hearing about other methodologies/approaches from successful traders. Thanks for sharing your story.