Thursday, March 25, 2010

no edge

I have one account that is profitable:

I have made very few trades in this account.

I bought the best ideas.

I held through volatility and took big draw downs.

I held through large moves.  I did sell one name for a big gain, one for a small loss.  

Value investing has worked for me.
 Daytrading has been mostly awful.

It's clear what will work in the future.

 It may not be what I thought it would be.  But it's what works.

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