Replies to post #1332 on S&P 500 Index (SP500)

[TREND1]

***** you wrote "What is your rational for buying only 3 positions?"

answer:
My method of trading requires positions over time.

Why?

(1)Because I do not know where the final bottom will be.
(2)And I do not know where the final 25% RETACE will be.
(3) The only thing I know is that a the probability is
high that a 25% RETRACE will happen

(4)At least has taken place 100% of the time SO FAR.

Good question. IMHO

PS: I will buy more then 3 positions if required.