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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (205417)10/23/2011 2:00:26 PM
From: tyc:>  Read Replies (1) | Respond to of 312346
 
>"Perhaps more germanely, the article underscores the trader's mantra "Cut your losers short, let your winners run" as the key to long term succes. "

Could you please quote from the article to confirm this point ? I searched and could not find it. I got the impression that it said, taking a nap is as profitable as trading. Do nowt but stay invested. I guess we find confirmation of our preconceived ideas..... whatever they may be.



To: Canuck Dave who wrote (205417)10/24/2011 8:27:48 AM
From: kidl  Read Replies (1) | Respond to of 312346
 
>>>Where to cut them off (I use 10%) and where to let them run to (I look for the tape to turn) is the trick.<<<

Do you use the 10% loss cut off on all stocks (macro to large caps) and for all types of accounts (Trading / RRSP)?



To: Canuck Dave who wrote (205417)10/25/2011 12:39:12 PM
From: Veteran98  Read Replies (2) | Respond to of 312346
 
Here's my numbers... A volatile game but definitely worth it !!! Note 1987.. I learned a real good lesson early on in my speculating/investing career.... Learn to take money off the table and if you fall off the horse ... get back on....

1985--- +45%
1986--- +55%
1987--- -82%
1988--- +42%
1989--- +10%
1990--- +45%
1991--- +92%
1992--- +63%
1993--- +50%
1994--- -25%
1995--- +41%
1996--- +67%
1997--- +17%
1998--- - 2% year after Bre-x
1999--- + 7%
2000--- +82% Dot-com days
2001--- -17%
2002--- +12%
2003--- +82%
2004--- +37%
2005--- +83%
2006--- +58%
2007--- +18%
2008--- -53%
2009--- +145%
2010--- +27%
2011--- ???