I'm a trader who avoids the noise, manages risk, using weekly bars. I offer no predictions, only serious long term trades. What else is there?
A careful examination of my list of losing and winning trades tells the complete story.
I am breaking all the diversification rules right now by keeping almost 90% of my money in AIG. I used to hold ARR or AGNC, but I have switched to AIG in Sept 2012.
Portfolio contents at 12/31/2013
AIG (92%) BAC(4%) BRK.B(2%), AGNC (2%) ARR(1.5%)
I manage risk. A funny thing has happened along my journey: I don't care when I'm wrong anymore.. I simply bail as fast as possible. Controlled, selective and dynamic AGGRESSION is my key to $$$! Please know I DROP LOSING positions IMMEDIATELY.
Michael Boutros has been an active trader since 2005 with years of experience on FX Trade Desks. He is Co-Founder of SB Trade Desk and Currency Strategist at Forex Capital Markets, DailyFX- Risk Disclaimer: http://goo.gl/CR5SFz
New age platform for latest in finance & everything else.
Through Bidness Etc, we're bringing the 99% back in the loop by presenting the best financial research in the simplest and most creative ways possible.