I've tried to keep all long positions except the ones we have longer term expectations for, at speculative position size which means the risk is dialed down to 1% of portfolio per position (which can mean 20% trade risk, it is just a matter of position sizing, IT DOES NOT MEAN A 1% STOP ON A POSITION).
MCP currently is at 0.5% risk, I like what I'm seeing as is is starting to develop, I would prefer to wait a bit longer and let it develop some more, but honestly I have to do this when I have time. I will keep an eye on it if there looks to be a more opportune time, obviously I do think this is a head fake move.
I'll update the charts next.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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