SOL gives very valuable type of market analysis that is really suited for battle tested tradersObviously some smart people have claimed that active investors generally can't beat the indexes (The Vogel crowd). I've been willing to bet they are wrong, which is why I subscribe. But if the "trend indicator" is a multi-year indicator the questions are 1)) under what conditions would it go negative? 2) How far forward is it looking? I DO realize no one has an infallible crystal ball - I'd accept a slightly cloudy one. You would need to argue the indicator is looking at a trend that is longer than 1.75 years. Because for the 7 quarters or 1.75 years of 21 thru sept 22 your indicator was up (meaning buy buy buy) while all 3 indices ratcheted down that entire time. The ultimate "no shit Sherlock" position to take is that over many years the stock market is generally up. But I would want the "trend indicator" arrow not to be completely F-ing useless. One would hope it would semi-predict where the market is heading in the next year (preferably over the next few months).
It’s unfair to expect anyone to carry you in investments. His system does work provided you assess your risk tolerance.
Majority of people are not suited to be traders or investors, so yes being an index fund is better for those types
That 2020 call to be bullish was a legendary move
In 2018, SOL talked about AI before anyone else
SOL also called the big move on bitcoin and it’s collapse also
2020 SOL called for the huge US dollar move, if you had balls you could’ve made a fortune in futures with this.
Massive gains in those calls and many others I can’t even think of as of yet.
I’m 5 years in this game and I feel I’m just scratching the surface of this business. You must accept losses and responsibility for yourself and to keep learning
SOL won’t be around forever and either will I. Best to take advantage of this beautiful situation and realize that this is only market service that delivers. I do not say this lightly and I would be the first to tell you if it sucks balls.
You can’t have any ego in this game. The market does not care about your accomplishments nor your money besides taking it away from you. We are all peons in this game but smart peons that respect the market.