How would you lose on purpose ?

Discussion in 'Trading' started by Sekiyo, Mar 7, 2020.

  1. ironchef

    ironchef

    Ask @murray t turtle. The turtles trade trend following which is buy high sell higher.
     
    #21     Mar 8, 2020
    KCalhoun likes this.
  2. taowave

    taowave

    Why do you feel that's the greater fool theory??

    Tale a trial of Portfolio123 and backtest it vs classic value,or add a momentum filter to classic value..



     
    #22     Mar 8, 2020
  3. ironchef

    ironchef

    Like trading bitcoins, art works....
     
    #23     Mar 8, 2020
  4. schizo

    schizo

    Well...that's just an extension of buy low and sell high. We don't need to indulge ourselves in meaningless semantics.
     
    #24     Mar 8, 2020
  5. Sekiyo

    Sekiyo

    Yes it’s an extension but Keep it simple.
    “Buy Low, Sell high” has portability.
    Works in bear and bull markets.

    Whereas “Buy High, Sell Higher”
    Is less robust, reliable than “Buy low, Sell high”
    As it implies a bullish environment with little correction.

    Even more simple than “Buy low, Sell high”
    Is “Min(Risk), Max(Reward)”. It’s all about this.

    Buy ETFs and get some OTM put options.
    Rebalance years in, years out.
     
    #25     Mar 9, 2020
  6. Don't pay the photographer! Really caught you in a "deer in the headlights" look!

    Just kidding! Congrats. :D


     
    #26     Mar 9, 2020
    KCalhoun likes this.
  7. How would you lose on purpose? Never been a problem for me! :p
     
    #27     Mar 9, 2020
  8. ironchef

    ironchef

    I agree.

    But there is a slightly difference strategy in play when you buy at 52 week low vs buying at 52 week high.
     
    #28     Mar 9, 2020
  9. %%
    Good points;
    except 50%of sick, drunk may not be a problem @ all.
    Sore throat severe sick no problem.
    Late night maybe a problem for me ;
    I'm a morning person .
    Good call on coco reversal [temporary top anyway]+ QQQ uptrend whatever time of day you did that; I'm in CST USa,LOL:D:D One hour to regular US market close
     
    #29     Jul 10, 2023
    Sekiyo likes this.