11-05-2007, 03:47 PM | #31 | |
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11-05-2007, 03:47 PM | #32 |
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11-05-2007, 03:48 PM | #33 |
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11-05-2007, 03:48 PM | #34 | |
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Regarding win/loss ratio, I do track that but it's a small part of the picture. The idea is to let winners run and cut losses. So the size of the wins vs. the size of the losses is a bigger component of success. Also, due to the risk involved, I only trade a small % of the total value of the account, keeping the rest in cash. So even the % gain/loss on individual trades can be misleading. That's why to me, what really matters is the ROI on the account balance over time. |
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11-05-2007, 03:49 PM | #35 |
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LEAPs are a very different strategy than I employ. They are great for long-term option investing ... but the time value is killer. Not something you want to "trade". It' much more of a buy and hold strategy at that point. And yes, it would be much lower risk.
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11-05-2007, 03:57 PM | #36 |
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Thanks for sharing.
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11-05-2007, 04:01 PM | #37 | |
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11-05-2007, 04:23 PM | #38 |
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11-05-2007, 04:46 PM | #39 |
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I guess since we are all confessing here. The clients I have advised over the last 25 years have compounded at 78.735% per year. That is why I can spend all this time posting and not worry any of them will go somewhere else.
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11-05-2007, 05:06 PM | #40 |
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78% a year over 25 years? You taking new clients?
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