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mrjones2020
Dec 25, 2023 11:13 AM

The most important chart in your trading career. 

M2SL/SPXFRED

Description

Merry Christmas to all, I hope you and yours are well.
My present to you this year is the one chart you should ALL be watching. SPX/GOLD

Risk On (Equities), Risk Off (Gold). It will save you a TON of time/headaches, if you follow this chart.

In this video I go over why you should use it. How your portfolio would have been managed the last 50yr, and at the end give a quick method for managing your ratio between Risk On/Off.


As always, good luck in your trading, have fun, and practice solid risk management.
Comments
hundredtoamillion
Hey, how did you plot each of the plots? Did you make a custom indicator that divides each ticker by the other? Like M2/SPX?
mrjones2020
@hundredtoamillion, Yes I did. I wrote a "True Compare" indicator, that allows me to pick whichever tickers I want.
hundredtoamillion
@mrjones2020, Nice! You didn't publish it, though, right?
mrjones2020
@hundredtoamillion, Published.
hundredtoamillion
@mrjones2020, Awesome!
mrjones2020
@hundredtoamillion I have not. But I will publish it later today sometime.
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