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Need help/criticism on my "retirement plan" - many thanks

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  1. #11

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    @freeier - glad you asked, forced me to look it up.

    One of those chart-technical thingys.

    Technical Indicators - Education Center


  2. #12

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    Feb 2006
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    One thing to consider: how certain are you in your attempt to beat the market with technical indicates and active trading that you're not actually going to do worse than the market? I would say it's highly likely fiddling with things will lead to worse returns.

    Another, related question, when your portfolio drops 30% how will you handle it psychologically? Will you stay the course or will you sell at the bottom and lock in you loss? I say this because your trading rules seem to embody this kind of risk aversion mindset.

    I would say these two factors: a need to fiddle with things, and giving in to fear / greed impulses are risks that you should seriously address. Those are the best places to put your effort into developing yourself.