Dan has been active in finance, strategy & business building for more than two decades. He has focused on technology & media for most of that time. His notes are here & in his book, The Age of Convergence (2013).
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.
Dave Fry is founder and publisher of ETF Digest, contributor to MarketWatch and best selling author of Create Your Own ETF Hedge Fund, A DIY Strategy for Private Wealth Management published by Wiley Finance in 2008.
Successful ETF Swing Trader. Trading this "mean reversion" approach for the past 7 years. Posting my trades 60 minutes before the Close every day, with over 90% win rate. www.ETFSwingTrader.net
Mercenary Trader: Timely market commentary, valuable resources for current and aspiring traders, awesome interviews and free special reports, high quality materials on the psychology, theory and practice of trading, and more.