The SPY fell 5% or more in a 30-day period only 11% of the time from 1993 to 2014, and I explain why this data is the foundation for put credit spread strategies.
Spicer's Soapbox
By my best calculations, going back to my piggy bank years, my personal spending has increased by 10% annually—and my assumption is that I will continue shelling out at this rate well into the future. Sure, I am a spender, but when you really think about it 10% is not crazy.
I run four strategies at once for diversification, and here is why a multiple-strategy approach keeps you engaged and smooths returns across changing markets.
The difference between success, failure, and mediocrity on Wall Street is your ability to pick a smart trading or investing strategy and stick to it. Jumping into the market without first carefully defining your strategy is akin to driving a car with a blindfold on—and, likewise, you will crash at some point.
I explain why a consistent trading strategy is the only free lunch in trading, and how backtesting and discipline build the confidence to stick with it.
Welcome to the inaugural blog post of Stockpeer.com. To find out more about me, Spicer, take a detour and check out the About page. To learn more about Stockpeer, read on.
