Quantum
Home > Boards > Free Zone > A.I.M. > The "Stock Trading Riches" Investment System

Hi L, Re: your history example................

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
OldAIMGuy Member Profile
Member Level 
Followed By 100
Posts 12,845
Boards Moderated 6
Alias Born 01/29/02
160x600 placeholder
OldAIMGuy Member Level  Friday, 06/26/15 11:49:49 AM
Re: Levobel post# 257
Post # of 281 
Hi L, Re: your history example................

I like seeing the price/share at $16+ sixteen years later when you start consistently making money - when the account started with a price/share of $38+. In fact the system created a profitable return through downward averaging even though Mr. Buy and Hold would have suffered over a 50% loss on share price.

Buying into weakness can be agonizing with individual company stocks, but ETFs are far less likely to fail completely. Selling into strength may seem less logical, but to prepare for subsequent cycles, one needs to fund the cash reserve position with profitable selling.

Thanks,


Best regards,
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist