Recent content by halldorpb

If I understand you right, ronnyskog, you are looking for a method to calculate downside risk only, not just the risk of fluctuations. I agree with you that the risk of loss is the only one that matters. Ed Seykota´s Lake Ratio is one way of calculating it; alternatively, you can skip the time...

All my trading systems backtesting indicates that the most effective stop for the long term is at a mighty 30-100% drop from a high; 100% (buy and hold) really works out great, unless you buy Enron of course. In my opinion, those who use very close stops are simply playing themselves more risk...

The minimum profit is -100%. Risk is the only aspect of trading you can control. I recommend the Market Wizards series by Jack Schwaeger if you want to study the strategies of top traders. Good luck.

This stock hit a high of just over $21 in 2000 (surprise, surprise) and is now trading at 0.46, at one point it traded 99% off its high, and has delivered negative earnings for six straight quarters. At a glance, seems to me they sell broadband...I am curious...what fundamental factors...

"I wanted to publish a book, so here goes!" followed by a signature...who can hate you for that? ;)

I agree. I only published this for clarity´s sake, since I have so much money :D Btw, this doesn´t prove he´s dishonest either...

Excerpt from the foreword of 45 Years in Wall Street, Gann´s last book: "Many have written requesting me to write a new book. With the desire to help others I have written "45 Years in Wall Street" giving the benefit of my experience and my new discoveries to aid others in these difficult...

Tokac, I own all of Gann´s books and have spent a considerable time studying his principles. I hope the following helps. Most people think of planetary cycles when Gann gets mentioned. It is therefore a bit interesting that he never mentions those in any of his trading-related books (Truth of...

I am not sure exactly what you mean by wrong; wrong because you went against the trend but still won or wrong simply because you lost? But here are my humble guesses: If the trade was a winner, probably because you take the fact that the market went your way as a compliment. If the trade was a...

I don´t know what it is, but I just love stock market declines. May the good times last! Hurray, hurray, hurr...hey, what´s that feather and tar for? On a slightly more serious note, I simply think that a world bear market in stocks is definitely due, plus a depression. I´m not trying to be...

Although I would certainly not buy MSFT for the dividends :D

I agree with nobrainer (this sounds impressive) that there is no specific limit to what is a sensible risk level...although I would like to add that it is immoral to risk what you don´t own in addition to your 100%. For example. if I wanted to buy Microsoft for the dividends and didn´t use a...

The year of (usual) ascension To me it all comes down to investors´ preference of stocks versus cash...and let´s see...1)interest rates are moving up 2) stocks valuations already reflect remendous growth expectations 3) insiders obviously prefer their wages over their stocks at the moment, as...

First, I find that I am usually right about the long term (ok, I´m NOT referring to 2080), but short term noise and information tend to convince me otherwise. There is no way to strictly determine the future in my view and no guarantee the past tells us anything, so I prefer to stick with the...

Capm... ...can´t analyze price moves. 100% guaranteed.