About Me
I'm David Alan Carter. I began trading stocks back in 1997, just as online brokers began to make their presence felt and the information technology bubble began its historic inflation.
What started out as buying-and-holding a couple of mutual funds quickly turned into active trading individual equities, and then into day trading. The latter was my sole taxable occupation for ten years. |
Up and Down and Sideways
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From 1997 'till now, we've witnessed a financial marketplace that included the collapse of the dot-com bubble, any number of regulatory twists and turns, and macro economic crises to include the recent Great Recession. As a trader, I've had to adapt and evolve so many times that I now look like a platypus.
Looking back over the past two decades, I see two constants:
Through it all, I kept imagining a strategy that would remove emotion from the game, reduce volatility, and still produce decent returns relative to the S&P 500. |
A Better Way
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At the end of 2014, I began developing what would become the DIY monthly trading model The 12% Solution. As stated before, my goal was to take as much emotion out of the buy/sell process as possible, reduce volatility and drawdowns (peak-to-trough decline of an investment), and still generate returns competitive with the benchmark S&P 500.
I've stopped day trading. Don't get me wrong: I still fixate on the markets. CNBC is a constant companion. But this simple strategy is now at work in my portfolio. And my money is safer now than it's ever been -- and generating more of its kind than it ever has. I sleep like a baby. If you - like me - have struggled to make sense of the market and find a way to achieve a respectable level of return while still being able to sleep well at night, I welcome you. I can't promise every trade will be a winner and every month will be green. Many will not. But I think I've developed a way to invest intelligently, profitably, with minimal fuss, while getting on with one's life. See if you don't agree. Best of luck, David Alan Carter |