Robert Freedland

Riding Coach on the Roller Coaster

DaveJ,

I do not think I have written the stupidest post on Seeking Alpha. Perhaps that is your opinion, but I am not sure you have informed all of us about a better strategy.

It is a well-accepted investment strategy, advanced by William O'Neil and his CAN SLIM approach, that limiting one's losses is imperative in developing a profitable portfolio management strategy. It is the implementation of this strategy in the face of a bear market that is so difficult.

My own strategy is to try to drift between 5 and 20 positions in my own portfolio. I have sale points on the upside (partial sales) and sales on the downside (total sales). This strategy is designed to increase my own exposure to equities during favorable market environments and to limit my exposure to equities during corrections. At least that is my hope.

I do not claim to be more than an amateur investor. I blog with transparency of my trading activity and share with my readers my own observations.

Thank you for taking the time to comment on my entry here on Seeking Alpha. You might enjoy (?) reading my blog.