Radu Danila @radudanila21: "For some time (more then..."

Romania

For some time (more then 12 months) I made a habit of going against the trend of some assets that are at ATH, betting for a correction that is natural to happen, and securing profits between 1% and 30% per open position, in short term trades (1 to 10 days). I usually target indexes like $NSDQ100 $GER40 $FRA40 $UK100 $DJ30 $SPX500 or $OIL and $NATGAS . This worked well for my portfolio for a long time as the profit piled up along the time and it has a lower risk in my opinion as you bet on something that is natural for the market (a correction). Also when doing this you have a few strategies in trading that can help to compensate if you open the position not at a perfect time as averaging, scaling or Martingale strategy. It is a risky move, but the risk can be lowered when you chose indexes that have a balanced growth and they are at ATH. Still in the market the risk can not be 0, always something can happen that gets you. This happened now on my $NSDQ100 where a set of constant good news pushed the index on a very steep uptrend. What this mean for the portfolio? Not to much, the losses are mostly compensated by other trades I made this month and even if I close the position now with a loss, the portfolio will have a 1-1.5% decrease in the month of October. Nothing to worry about here. I will continue holding for the moment, and I will look to scale it up again or depending on the market, I will try to close it at a better price lowering the loss. There are still important news coming out, and the $NSDQ100 is ATH right now, I will wait and see how this goes. Important to know is also that the portfolio is very balanced and even a situation like this will not create a significant loss. Wish you all the best and stay profitable!

8 Mentioned Show all

NSDQ100

GER40

FRA40

UK100

DJ30

SPX500

OIL

NATGAS

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