I am not a trader plough - I gave that up years ago. I have made...

I am not a trader plough - I gave that up years ago. I have made the mistake of dabbling occasionally - only to relearn the lesson that traders just don't in general become ridiculously wealthy - investors do.

If the wheels fall off - I remove myself - and, my system tells me that - also, of course, I can get human information that tells me that before the data ------- so, I exit.

But, I don't call that trading. I also take some money off the table to put in other investments - but, that is not trading either - that is relocation of funds.

I do not free carry.

I believe if you go into the casino and you place 1 single dollar bet - and you win 1000 dollars - I believe that you then have 1000 dollars -------- it is yours - it is not the casino's.

I believe if you lost 999 - then you have lost 999.

I have, in stocks - two sorts of stocks ------ wealth preservation and wealth generation.

AJX is in the latter. Purrs picked AJX and also picked several others prior to it - and a few post AJX - none as good as AJX - but, all made profit.

The system can fire to get out as well as in. When the system fires - I act.

Purrs has developed a lot - we are now working on it to work in the wealth preservation side - because Purrs keeps coming up with what I call investment grade stocks (as opposed to growth stocks) - so, we are incorporating the things I saw the accountant use in my initial thread as well. It looks very powerful.

Although that portfolio will most likely have more movement than the wealth generation portfolio -------- it will still not be trading, nor will there be any free carrying - stocks will be replaced as they drop performance and other stocks perform better.

hope this helps.



Oh, as an aside - I have been resisting pressure from some broking places here to open up Purrs to their clients - I have spoken of the problems before of it being too popular in tiny MC stocks.

However, we are building a US model - so, that is exciting for us - and all new territory for me - new game, old dog, new tricks ------- will be an interesting 2016.

have a great day

Pinto