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Post# of 94785
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derek2000

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derek2000

Re: CSykes post# 20455

Tuesday, 12/29/2009 3:37:24 PM

Tuesday, December 29, 2009 3:37:24 PM

Post# of 94785
Chad, congratulate on your positive return today.

I am kind of curious though. With the Chinese small caps flying high, and so many stocks with good fundamentals, why choose the 4x leverage on a day trading basis? One event could wipe out the profits (and the principles) totally.

Have you compared your return to the ECSC "index" so far this month?
A "buy and hold" strategy based on top ten Amigos (11 stocks) will result in a profit of 21% last Monday, and 31% end of day yesterday, definitely more today.

You can see Rama's chart for the ECSC's return, or this chart for last week's ECSC performance:

http://chinastock.homelinux.com:8080/content/ecsc-10-amigo-top-stocks-beat-market-wide-margin

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