You are obviously intelligent and I'm sure you do more than alright for yourself...
Can I ask though do you hold stocks or do you just take those 5% profits as often as possible? Does it end up stacking up?..... I've just read many a time that this method fails in the long-run. I'm not going to lie though, I found the idea of rinse and repeat smart, but I am not sure if i would be able to pull it off time and time again..
I hold the "intelligent investor" by benjamin graham as my bible for investing and he again and again repeats that you cannot approach stocks in that manner, that over the long-term that approach will fail for the majority. I do believe the likes of goldman sachs make incredible amounts of money high frequency trading but that is a whole another ballpark.
AKK Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held