New Guidelines

With the new layout for the blog I am suggesting to basically look at the account as divided into 4 equal parts.

-25% will be devoted to each intermediate term stock index trade.
-25% will be devoted to each short-term stock index trade.
-25% will be devoted to any other market that may be tradable.
-25% will be in cash at all times.

In general the intermediate-term trades will be either 1x or 2x ETF's meaning they will have equal or double the volatility of the market in general.

The short-term trades will generally be 2x ETF's but occasionally may be a 3x ETF. This decision will take into account the current market volatility, among other considerations.

The other markets that I follow in depth are gold, oil, the Euro/USD currency pair, and Treasury bonds, and grains. So there may not always be a trade suggested here, but when opportunities arise, this will be how to take advantage of them.

My goal is to suggest long-only trades. So that means that I will typically suggest an inverse ETF rather than shorting the standard ETF. However, if there is a good reason I may suggest shorting at times. If that does not work for you, then just pass on those trades.

Most short-term trades will not have a suggested stop loss, because as I've said many times, this hurts the long-term performance of the trading strategy I employ for these. The intermediate term trades will typically have a stop loss. So the initial stop and subsequent modifications will be posted in the upper right hand portion of the blog homepage.