27 Aug '11, 11pm

I’m Back – A General Update

– Our CFDAlert system took heavy damage after the S&P downgrade but we severely cut down risk by August 5 . No changes to the signals have come since then as the markets continue to look bearish without end. I chuckle when I hear people panicking and selling or buying based on what Bernanke may or may not do, or close to home on news that Singapore May Enter Recession – or it May Not . I understand the impulse to obsessively trade the markets, having been through a brief spell of it myself – but frankly, if you don’t have a well-backtested process for your trading, you are trading without an edge and win or lose essentially based on luck.

Full article: http://thefinance.sg/2011/08/28/i%e2%80%99m-back-%e2%80%9...

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