sniper
Active member
lol true, I've always told folks it's not about knowing when to be invested, it's more about knowing when not to be invested.
i based my system mostly off being able to dodge major downswings, while not being scared out of a bullish market on day to day noise. I probably will never be the top 10 in the chart, because i won't be getting off right at the top of a rally, or out at the definite bottom, but it's a system that designed to stay on the same side as the trend and avoid getting slammed. I'll give my system 3 full years and see if it outperforms LMBF method in this time (what my goal was)
Anyway, In cases like 2008 and 2011, the downturn could be seen weeks in advance, but for some reason, people stayed in. So far when backtested it works like a champ. now to see if it happens in the future, when it happens (who knows when, we'd all be millionaires if we all knew for sure!)