dealtn wrote:Arborbridge wrote:
I think anyone paying attention to charts would have been out of CLLN well before the collapse. Depending on one's attitude to risk, a chart watcher would have been variously in and out again a couple of times but finally out in any case sometime in 2016. It's possible that some would have been out years earlier, never to have returned!
Arb.
Yes, no doubt they would have been in and out successfully several times and made a large amount of money. That's how it usually works, or from their commentary at least.
(Alternatively they would have bought around 200 as it would have beautifully bounced off that previous low - and then lost everything in the subsequent rapid crash).
It all depends on what time frame the individual uses - what their horizon is. However, most of us would have been setting stop losses, so there's little chance of losing "everything".
My problem with TA (when I indulged years ago) was that I only ever produced a modest performance. TA did, however, keep me safe from crashes, that was the main benefit - whereas HYP is like being on a trapeze without a safety net.
Arb.