How to maximize profits on a winning position?

Discussion in 'Trading' started by qwB, Jan 15, 2024.

  1. TrAndy2022

    TrAndy2022

    You are speaking of common average strategies which are mediocre strategies at best (below Sharpe 2) . I was talking about very good strategies (above SR 3).
     
    #21     Jan 18, 2024
  2. TrAndy2022

    TrAndy2022

    yes but depending on the market conditions to a very much degree. If the overall market does a major change and then all the tweaks does not help too.
     
    #22     Jan 18, 2024
    murray t turtle likes this.
  3. %%
    GOOD keys.
    Trade, invest, do business .......
    BUT since we cant really predict ,takes some profit some times , which will NOT max profits;
    but who wants to hold QQQ on $120peak to valley of below $20 for 3 year bear?? NOT me .
    ALSO realize, some can get deer with a bow + arrow, done that, but never tried that off a horse.
    I use .30-06, in deer season.
    20or 21 ema will not max profits, but I like it partly, because max profits can turn into max loss.
    I have used a 333 dma, but can NOT promise that will '' max gain''
    QWB noted 2 ways, fine, but like Dave Ramsey says ''almost always more than 2 good choices'':caution::caution:
     
    #23     Jan 27, 2024