We are in the mid-late summer. We are in the very early fall. That is a very competitive season right now so the window of opportunity is very narrow. The best thing I can say in terms of how you should be doing now and how to trade in the beginning is do it as you do in the summer, start investing in the season before your trading window is open. As soon as your trading window opens and you have to move stuff, move it as you would be likely to be trading in the season you are starting.
What are you talking about?
We have two ways of doing it. The first is if you start with a strong strategy in a season you have to be doing well before you start selling, which means there is no reason to start selling in the summer because you are doing really well and will be selling soon, so if you can find a good strategy that you feel you can build upon during the course of the season, it is just a matter of being smart about it. You want to buy some things today but you don’t want to sell too soon. You buy some things and you sell them a little bit here and a small bit there at each stage, and when you get them down you are in a position to buy some more. It is almost like doing this on the internet. Sometimes, because we are so close to when it closes, it is impossible for people to say anything right now about a specific stock without actually knowing where the shares are in the market.
How often are you willing to buy and sell the most in each trade?
It depends on your timing. I am willing to buy in the middle of the game if I can get a position at a very good price with the odds to win. In my first trading season you know it won’t really be like that. For most people it is always a question of when, not if.
What happens if you miss out on a trade?
That is a good question. I have to say we missed out on a lot of trades over the last year. There wasn’t as much volume around the time I was looking, so that is a fair question to put to you. There is always a risk. The only time you are guaranteed to make a profit is if you are right on the money, but that comes with having a strategy that works. It is almost a race to be right, not a race to just pick the highest price so that you can get
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