The trades ideas that are most popular among subscribers are the studies-based index trades. Frequently I will use the Aggregator tool to help time entries and exits.
After several inquiries I have decided to simply show a listing of all the index trades closed in 2008. A few notes:
I typically scale in to index trades. Most often ¼ at a time. Therefore in the listing below you will notice there were times where more than 1 entry was open at once. The max is 4.
These are just trade ideas. I never suggest allocation percentages. A ¼ index position could mean a 5% allocation to one person or a 75% allocation to another (who may eventually get 300% or more leveraged).
The index trade ideas are tracked using either SPY or QQQQ. Some subscribers may use options, futures, inverse or ultra ETF’s or some combination of the above to better suit their trading. I never suggest ultra etf’s in the Subscriber Letter. While I believe they are a worthy trading vehicle and utilize them myself on occasion, I prefer not to use them in the trade ideas section as it could appear I’m simply trying to inflate my results.
Trade ideas are all published in the Subscriber Letter each night. In many cases the exits are also established in the nightly Letter. In response to subscriber feedback, in May I began sending out intraday updates on open positions when appropriate. The intraday updates are sometimes used to set stops or targets or suggest an exit at the close of the day. Intraday updates are NEVER used to suggest new positions.
So while personal results would vary greatly depending on the traders approach to the ideas, below is the complete listing of closed index trade ideas from last February’s inception through the end of 2008 (Summary results shown further down. Commissions not included.):
(click to enlarge)
Past results are not necessarily indicative of future returns. But if you’d like to improve your market timing and think Quantifiable Edges could help then click here for a free 1-week trial. For complete subscription information to the Gold package click here.
No comments:
Post a Comment