MattLikesAnalysis Wrote: ------------------------------------------------------- > Carson Wrote: > -------------------------------------------------- > ----- > > I can’t believe how many people on here day > trade > > the market. Do you guys do it for fun or are > you > > making money on this? I figure you can earn > around > > 6%-8% CAGR over the next 10 years by simply > buying > > and holding the market. Is your risk-adjusted > > expected return really better than that through > > speculative day trades? > > > i’m up 60% in the past 2 months, so i’d say yes, > the volatility can help someone who takes the > right risks. How much of that gain is NCX?
damn… most. shut up Ali! Opti has done me well as well. Basically all my wins come from oil sands juniors…
I assume all you day traders are posting after-tax returns, right?
Did you invest in UTS before the hostile bid?
TheAliMan Wrote: ------------------------------------------------------- > Did you invest in UTS before the hostile bid? haha. no i’m not that good. but the UTS thing signaled to me that soon would be jr. oil’s time to shine. it helped that jr. gold stocks rode up between 200%-300% on average, showing us that jr’s were sold off way too much in general. jr. copper too looked good, but is now fading although I think something like AVM still looks good, although it looked better under $0.90.
I’ve been peeling off positions on every up day for the last 2 weeks. Up to about 20% cash right now.