A reader asked: "Do you rebalance your strategy each month even if the ETF picks remain the same? For example, if QQQ is the pick one month, then pops up as the pick for the next month, do you take profits and rebalance? Or do you just leave it alone?" Short answer: Leave it alone. But there are exceptions (read on). A reader asked: "Artificial Intelligence (AI) is the next big growth area. Does your strategy see that coming, and is it adaptable enough to take advantage of that trend?" Short answer: yes. In fact, you can watch the new YouTube video: AI - Can The 12% Solution Play That Trend? And while you there, subscribe to the channel so you won't miss future videos. But for those who would prefer to read, here’s a little more detail… A reader asked: "Hi David, was just curious on your core strategies; have you ever tried back testing methodologies on a weekly rather than monthly time frame? Curious if there was any edge to be found on drawdown or upside." A reader asked: "To hit the mark at the close of the last market day of the month, wouldn't I have to place my trades in the after-market hours when the trading is thin? Or should I just trade during the first trading day of the new month? If the latter, exactly when? For example, the first hour of trading can be volatile." |
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May 2024
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