Speculations of a Speculator: Cash is king

Market is pretty choppy going into earnings. I'm only holding a position of gdx and ree

Rules

I Shall Not:

1. Risk more than 2% of portfolio on any trade

2. Risk have more than 6% of portfolio at any one times.

I shall:

3. recognize that every market moment is unique and trade accordingly

4. Take profits when the market gives them

5. Keep a Dairy of all positions

6. Continue to refine rules.

* represents change in rule theory.

Disclaimer:

This blog is for me. I'm not giving investment advice. I don't care what you do. If you take a position because I do and you have not formed your own thesis you are an idiot and you deserve to lose your money.

Speculations of a Speculator

Education of a Speculator

Monday, April 16, 2012

Cash is king

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