Ken/Tim
Do you favour any one particular type of high probability short term trading method.
Periodically I recognise that my overall investment structure lacks a speculative (high risk/reward) element, but have so far failed to address that issue, and this is one shortfall that I would like to correct.
I'm fundamentally looking for a 5% at risk with 2 to 3 times risked money profit potential type method, with the ability to make three such consecutive plays across the span of a single year.
I specifically have in mind to put yearly income of around 5% at-risk in such a method, staying out for the remainder of the 12 month period if any one of the runs fails (so that income streams replenish the 5% loss). Such that compounding the gains from earlier runs into subsequent runs and where all three are successful results in a trebling of the total account value.
Perhaps something along the lines of a Dow down 250 points stop loss level versus 750 up trend continuation take-profit target level with entry based on some TA indicator.
Thanks in advance.
Clive.