I have some capital and I don't want to trade, probably because I'm no good at it and don't want to spend all day in front of the computer. Any ideas on how to get some decent yield without having to watch charts all day?
You will not get a "decent" yield for just "parking" your cash. Perhaps consider one year U.S. Treasury notes or a money market fund. You'll get somewhere between 1% and 1.5% annual return.
This is ET, afterall...so GET Good, -- instead of just ...settling... for basically no returns that are safe, Trading is not that hard or random, ...it's like planning or predicting who will win a war...by just observing certain variables and the overall picture, things become slightly more clearer and evident, Sometimes, things are just a matter of perspective,...like if you're stuck in a garden maze...if you're up in a balcony...it will make a difference, Or witnessing a crime, the more cameras/angles you have...the more clearer the picture will become, Apply these principles to trading, try to apply them to the daily DOW/SPY charts, -- Everything kind of trickles down from these broad indicators, The Holy Grail in trading is having an open mind, and keeping calm, and using your foresight and intuition, -- it's not some fixed formula or code,
misterkel : how long did you try trading? have you considered discussing with financial advisors so as to put SOME of it in some funds? have you considered things like collective2? being investor in topstep? or even using the pamm system of some brokers? there are quiet a few options out there. The only problem you'll have is most who are doing really fine in trading will certainly not be much interested in your funds.
If you have risk capital, you can consider managed futures. You can choose a money manager based on your criteria of risk and reward. Alternatively, you can also try automated futures trading. Again, I would invest only risk capital.
Better go for the main indices like spy, qqq etc. targeted sector based will create more volatility and increase risk.