Hi Toofuzzy, I'm sorry if you misunderstood my post, but I meant a $10,000 stock purchase, implying either a $20,000 traditional by the book position or an AIM-High of $12,500, 80/20 split. Cash reserves are of no consequence for what I was discussing.
As to the 10, 10, 10% not being the traditional setting, I'm sorry you did not realize I was implying % for each of buy, sell, and minimum quantity of stock to sell.
When the total rage is only 20-25% and you do not buy in near the bottom you'll never get a 15% move up to get a sale nor a 15% move down to get a buy unless you buy in near the top. That is the issue I was addressing with the traditional settings.
Rate of Return is dependent on having some degree of volatility, which most ETFs/ETNs do not have. And the leveraged ETFs/ETNs are considerably more risky so for them there is the trade off of risk of total loss with the greater possible return.
Best,
Allen
