Did you notice my portfolio's performance on UpDown?+43.2% in 2008 ... exclusively trading ProShares Ultra ETFs.
Not a bad year, considering I was in cash when the market came unglued in October.
Remember? I exited my Ultra Short positions on September 17th, thinking a certain "Madness of Crowds" was leading the rush into short-term Treasuries. Yeah, good call, Sherlock.
So, what did I learn? The same old lesson! Which is it will happen again ... both the opportunity to quickly turn $500 into $100K, as well as the misses.
Yep, there is nothing new under the sun...
Are you ready for another profitable year?
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© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.
Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.
Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.
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