SharePosts by TheCyclist
| Previous 1 .. 52 53 54 55 56 57 58 59 Next |
|
If it ever comes to that Patience I'll take it.
Our NAV stop takes into account the cost of the trades, so if the cost forces the portfolio to lose value we'll close out at the higher cost, doesn't matter, long as the account is protected.
And if the markets are then in a state of extreme volatility we just stay out till it all goes away.
|
|
We have NAV stops, hard stops.
We're more at risk from multiple start failures than from continues trading. If we have restart once in 6 months I can live with it.
The chances of having a failure on a restart is slim, so at worst if things do go wrong we'll most likely have the NAV trending sideways for a while.
|
|
Well, for this one the conditions that will make it fail only exists for short periods of time. So best to just get out for a while. Been a rough week hey, with Japan and so on. Rough as it gets actually. Can't have a bigger black swan that that...
The portfolio that counts only drew down a few percent.
So I'm happy with it.
|
|
That's South African slang...
Speki, ja, depends where you live hey... I have a serious problem with organised religion in general. All of them. Time the human race moved on... every time you have holy war it's in the name of a god.
Millions if not hundreds of millions have died over the centuries in whatever gods name...
Certainly if there is a god it's not really interested in us more than we would be in say an ant. Why would an all omnipotent god need buildings and money ? People need that...
|
|
K,
I consider that crisis over...back to where I was Friday, whole day left still....
|
|
If I really wanted to stir I'd go stick up a pentagram or a Buddha in there, you see how strong they react. Be the same thing as how I'm reacting. I am offended by their religious believes, just like mine will offend them. I don't do it, but they are quite happy and feel entitled to do it.
But somehow it's ok for them to waves theirs in my face, but the other way is just wrong. Know why? Because they are judea christian's and tolerance is not part of the religion.
|
|
Tjaarus Speki,
Property is almost the worst of them all. Look at this train smash that's going to unfold:
http://theeconomiccollapseblog.com/archives/foreclosuregate
Oil price will be the trigger. I don't think it's ever been better to own property that it's been to own shares in a company that owns property, at least if you need to liquidate you can do it in second.
Some of my friends had up to 60 properties going into this fiasco. Should have seen them sweat blood mate.
As for the bible wavers. It's the sheer arrogance they have, like all religious believes, that just because they ha......
|
|
Look this methodology does fail.
Friday's knock was a failure, not catastrophic, but very unusual. First in 6 months. All my portfolio's drew down, this one hardest hit. Considering market conditions I'm not to fussed. I'm not trying to write systems for Tsunami's and Arab unrest.
So the systems are not designed to work in everything. We manage that type of risk outside the system. If we have a failure like this we kick out and go surf or something, come back in a week when normal is back.
We have yet to kick out...
|
|
Don't know if I found a holy grail Wilkinson. I'm a bit more realistic about fx trading. So I wasn't really looking for a holy grail.
I'm just comfortable we have something that I can build a future around that will work most of the time. Hate to quit the day job and have the fx fail at the same time. That would just suck.
We automated via O's API and now my sole task as far as fx is concerned is to look once a day to make sure it's on. And that we haven't been kicked out by our hard stops if something does go wrong.
|
|
Zero,
Had the same handle on O since 2004. I'm not in the habit of changing handles. Unlike some other people, follow my eyes...
But I spent the last decade or so on fx and code and I want a better quality life that than. Not going to spend my entire life staring at a screen.
We're done and it's time for a change of scenery now.
|
