why do most people can't make money in stocks? even when it's been proven that QQQ returns 12.75% every year, SPY a bit less. they can't take the pain of draw downs. negotiation is the same. short term pain, long term gain. tweet is correct... Harley biz hasn't been doing great anyway... it was just an excuse.
Drawdowns is a concern especially, if you are a retail investor or trader with a small capital. If you have only say $10,000 and you experience a draw down that drops that to $6,000, you are gutted psychologically. Let us get real. Most people will probably, quit and call it a day. Handling drawdowns is very important for retail traders and investors. So, how do you handle drawdowns? Cut down your time frame. Shorter term works better on cutting down on drawdowns. Better for your mind set as well as higher profits. I know 12.75% per year sounds nice when you have very low interest rates. However, you can do much, much better. Closed a trade on BZUN put options just yesterday, I had 2 contracts got 128% on one and 115% on the other one. That is in the span of 3 days! Take note, I have losses too. Last 10 trades, 5 wins and 5 losses. Average gain $357, average loss $78, win/loss ratio 4.5 to 1. This is a limited sample as I made changes to my trading system. Improved the money management part of my trading system too. Sorry, cannot reveal anything more as I will keep the secret sauce to myself!
Marvellous opportunities are appearing thanks to Trump's stupid policies. Someone will take over Harleys when they come to roost in Europe. While the US indulges its lust for chaos others are quietly filling any gaps left open by Trump's trade wars.
•chances are US consumers would absorb the cost of tariffs in one way or another. •China has other countries to trade with. •from CNBC "More recently, former President George W. Bush imposed steel tariffs in 2002. He was met with threats of retaliation from European trading partners. And soon after, he ended the tariffs." •"Reagan imposed some pretty significant tariffs on Japan in the 1980s. And in the '90s, countries were agreeing to stricter rules under the World Trade Organization." •"Let's take it back to the 1930s. America was turning inward with protectionist policies. The government was restricting trade with other countries. And in an effort to save U.S. factories, a couple of congressmen came up with a plan. It was formally called the Tariff Act of 1930, but it's more commonly known as the Smoot-Hawley Tariff Act. The plan faced a lot of opposition, but it ultimately became law. The act raised tariffs on American imports to nearly record levels. But instead of reviving the economy, it actually exacerbated the Great Depression." Trump is posturing for the mid-term elections. I think he's going to cave sometime down the road.
U.S. President Donald Trump threatened Harley-Davidson Inc with higher taxes on Tuesday and said the motorcycle maker, which he previously hailed as a model of American manufacturing, would suffer from a public backlash if it went ahead with a plan to move production for European customers overseas. https://www.reuters.com/article/us-...ing-trade-war-as-excuse-to-move-idUSKBN1JM1AF If Trump wants the Americans to buy American, Europe will want Europeans to buy European. So part of the production of Harley has to move to Europe. Based on the same principle as used by Trump. Funny that Trump is now even threatening US companies in his insane rage. There will only be losers in this fight. Sooner or later there can start a boycot on all Trumpf companies outside of the US. Wondering what Trump would say then. If he can threaten companies, others can too.
Looks like more bark than bite for this inside trading administration: https://www.cnbc.com/2018/06/27/treasury-secretary-mnuchin.html
President Trump is not perfect but, I will take him over Clinton, Bush Sr, GW Bush, Carter, Obama and even Reagan. The $18 trillion deficit we was run up by the past US Presidents! Trump was not even in the Whitehouse then. Do you really think the past US Presidents were good for the US? Ronald Reagan to a degree probably as far as the economy and diplomacy, but, not even close. Trump has done a lot more good things in one year! Obama by himself ran up $10 trillion during his 8 years yet, no one is holding him accountable for what he has actually done? Clinton gave us NAFTA and globalization sending millions of US jobs abroad. GW Bush involved the US in useless wars and was a liberal RINO spending like a drunk sailor. Carter was just awful in practically everything.
Inside trading has been going for a while, in Congress. 60 minutes covered inside trading by members of Congress including, Pelosi and Republicans. They were buying stock in businesses with matters before Congress. Pelosi and other politicians said they did nothing wrong. SEC did not even investigate the matter. So, everyone goes their merry way.