Thursday, October 17, 2019 3:52:25 PM
If you had just bought SPY at the beginning of the year and held you would have been up 22.3% and ahead of all but about the top 25 Hedge Funds. It is reported that there is over 12,000 funds. See how smart you are.
But by trading with a little leverage as I have suggested you would have beat all of but 2 of the world's Hedge Funds. This is really amazing that people lose so much money trying to "make a killing" and paying huge fees to do so. Typical fees are 2% and 20% above some base is typical.
So we sit here just working with daily charts and able to beat all but 2 of the world's funds. Let that sink in. Who wants to start a Hedge Fund? NOT ME.
But by trading with a little leverage as I have suggested you would have beat all of but 2 of the world's Hedge Funds. This is really amazing that people lose so much money trying to "make a killing" and paying huge fees to do so. Typical fees are 2% and 20% above some base is typical.
So we sit here just working with daily charts and able to beat all but 2 of the world's funds. Let that sink in. Who wants to start a Hedge Fund? NOT ME.
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
