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RE: What's Your Trading Style?

in #steemleo5 years ago

Thanks, I'm glad I could make you laugh. I originally wrote that disclosure in a comment at one point and I really liked it so it stuck with me. I'll use it whenever I write anything that could be construed as advice.

There seems to be so much going on in the world which undermines this conservative approach and all but forces us all to be much more speculative

One of the things I like best about my trading style is it allows complete agnosticism. I'm trading with tight stops and don't have to hold strong opinions. Gold is breaking out? Great. Buy gold. Hold until it stops out. Move on. Now it's oil and Amazon and Pepsi? okay. Oops, pepsi stopped out, but Amazon is on a tear...

From there it's a numbers game. Each win nets many more profits than each loss and allows a decent overall return, although the returns are very lumpy.

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