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Hi Bobby,
Thanks for your information.
How would Descartes solve the problem of consistently generating income from derivatives such as Index CFD?
What "consequences" would he consider successful/unsuccessful?
How would he judge "right or wrong"?
Sitting in front of a computer screen (or telescope) at 5 a.m. has no attraction for me. However trading shares in the ASX Top 200 between 10 a.m. and 4 p.m. is more like a day job. Learning what the Fund Managers of Index Funds do during trends and how they create momentum gives small investors like me a chance to be successful.
Using charting software with a system that has produced consistent results gives me added confidence when seeking candidates to invest in.
A long time ago I gave up trying to "always" ride the changing trends.
I pick and choose carefully and keep my greed under control.
I have a small Margin Loan account (rarely used). I do not short.
I believe, derivatives have their place in the world financial markets. They are not going to be regulated out of existance any time soon.
Peter
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