Incorrect. You aren't risk-adjusting your results. Diversification smooths the equity curve in the scenario I outlined, providing a superior...
An example of a "superior strategy" would involve scaling out of holdings as their positive expectancies diminish, replacing them with new...
I'd recommend increasing your account size and learning the meaning of "risk management" the hard way. Been there, done that.
NDX Wk 11: -0.144% NDX Mo 1: +2.014% NDX Mo 2: -1.712% NDX YTD: -0.835% NDX Max Drawdown: -7.225% BLB Wk 11: +1.129% BLB Mo 1: +0.734%...
Going back to CASH @ today's close.
Hell, I don't even have the patience to read any of Jack's posts from start to finish...
I had considering exploring the ISEE data a couple of years back, after it got a write-up in Barrons. But, I'm not a big fan of sentiment based...
http://www.iseoptions.com/marketplace/statistics/sentiment_index.asp
Putting a 50% SOPIX (short NDX) position back on for Thursday.
Back to CASH @ today's close.
Going to 50% short NDX (SOPIX) for Tuesday.
NDX Wk 10: +1.084% NDX Mo 1: +2.014% NDX Mo 2: -1.712% NDX YTD: -0.692% NDX Max Drawdown: -7.225% BLB Wk 10: +1.022% BLB Mo 1: +0.734%...
Still in CASH for Monday.
CASH is King for tomorrow. Selling the UOPIX.
Selling OTPIX position, keeping UOPIX - remaining position is effectively a hair over 100% long.
No trade today.
Wk 9:: -1.440% Mo 1: +.734% Mo 2: +.701% YTD: -.234% Max Drawdown: -1.651% Days Invested: 25 Days in Cash: 16 *W-L-T: 12-8-21 **Win...
150% long for Monday (50% OTPIX, 50% UOPIX)
Going to a 100% long position for tomorrow.
Selling half of OTPIX position.
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