Wednesday, January 27, 2010

Guest Post SPY:VIX Chart

Really cool chart posted by a visitor.  I like it.

In this case...it could be different.  After the fact it will look obvious.  The trick is gleaning enough confidence to place trades, and knowing when to take a small loss like 3 to 10 percent, rather than having your head handed to you.

Tim Knight take lots of risk on many positions....like 100 or more....I have no idea how that is even possible to manage that many trades.  But with strong chart interpretation, and diversity, he can do well unless of course he has the main trend wrong.

I have increased my account about 12% since the first of the year.  That is not bad.  A good target to manage monthly goals while controlling risk to reasonable levels.


No comments:

Post a Comment

Insightful and Useful Comment!