The 12% Solution Strategy

[fenders53]

(03-04-2021, 05:39 PM)NilesMike Wrote:

(03-04-2021, 09:22 AM)fenders53 Wrote: I'm not putting all my eggs in that basket this close to retirement.  Especially when it almost requires me to hold 30 stocks when I rarely have more than 10 good ideas.

I agree and for income I trade ES futures once per week, some weeks my signal doesn't trigger. All EOD, so no babysitting or screen time.

Message if you'd like the setup (was short last night at 3812)

Congrats on the short trade.  I can't do that for now with my big account in Vanguard.  I'm not displeased with my put selling game.  I just have too much capital in play in that strat and not willing to do many contracts on one ticker.  The not enough good ideas thing again.  If the market gets hit hard that's another situation.  I'd take a chance on owning 500 shares of JNJ or similar, but not up here.  And I do enjoy babysitting the market, but I want to pick the days.  Can't do that with 20 contracts to open, monitor and maybe close.  Just need a strat to keep some capital busy.