An Interesting Look at Money

Besides being interesting and helping put money into perspective, there are lots of stories and answers contained in this chart. The one that jumped out at me first is it […]

Stock Market Recap: October 11, 2019 MasterChartsTrading.Com

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Master Charts Trading

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Stock Market Recap: October 4, 2019 MasterChartsTrading.Com

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Master Charts Trading

Published on 2019-10-05
Fed Rate Hike History Says Bulls Could Run For A Long Time

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Ciovacco Capital

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Is The Market Concerned About…?

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Ciovacco Capital

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Price Action

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Let Profits Run

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How to Draw Trend Lines

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Think of a building a boat as like building a portfolio. The portfolio management process consists of the following steps:

1. Deciding on what to buy and sell;
2. Deciding on how much to buy and sell; and
3. Deciding on how to execute the trade.

While I discuss step 1 endlessly in these pages and elsewhere, the other steps are equally important. Step 2 is also a reason why what I write in these pages is not investment advice, namely I know nothing about you:

• I know nothing about your cash flow, or spending needs;
• I know nothing about your return objectives;
• I know nothing about how much risk you are willing to take, or your pain threshold;
• I know nothing about your tax situation, or even what tax jurisdictions you live in;
• And so on…

If I know nothing about any of those things, how could I possibly know if anything I write is appropriate for you? I was asked recently why I don’t post my portfolios. While posting my trades represent a disclosure of any possible conflicts in my writing, my own portfolios are a function of my own cash flow needs, my return objectives, my own pain thresholds, etc. How could any portfolio that I post be appropriate to anyone else?

The Sharp Chartist

Searching the World for Opportunities

An Interesting Look at Money