Here's how to do that. Check the market's numbers an hour before the close. Then how much did it move in the last hour? Sell-off, buy-in, or steady as she goes? We want steady, no 100 point swings in the last hour + or -. Remember, it's a big money man's game. We don't want him over exuberent or crazy scared as we ride along.
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Tuesday, October 27, 2009
Monday, October 12, 2009
How's Your Volatility Tolerance Index?
Don't be in volatile situations if it curdles your stomach. Stay in Income and G & I. If you were stuck in a volatile holding, it went down 70-80%. (Unless it was a short.) Did you freak-out? If so, you sold it low. You lost double because it's up 100% since March! Some of my volatile stuff is +200% since then. That doesn't mean I'm even yet. Unless I cost-averaged, I'm still way down from where I bought in at the top. But 200% increases get you well eventually. Know your stomach for risk.
Visit my web site here.
Visit my web site here.
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