Friday status 4/29

Here we are at the end of an other week and William and Kate are now married.  What a small little kiss that was come on man !!!!
Sorry I do have a life.

Since the up signal 4/20 the status
CZM is +2.5%
EDC is +10%
BGU is +12%
TNA is +16%

These were placed at EOD 4/19 to be exact.

Oh how fun trend trading can be with your own system.  How is your trading system (plan) coming along?

Happy Trading
Ben

Don't put all your money in one index

I have back tested using just one ETF to trade as in QLD.  What works better is trade at lest three ETFs at a time and the equity curve will be smoother with three to five diverse indexes.  My favorites are BGU, TNA, EDC.  Russell 1000, Russell 2000, Emerging markets.  These cover basically the whole US market and much of the rest of the world.  Yes using levered ETFs cause more volatility and larger drawn downs.  Over years it pays off nicely.

The Timingcube.com site which I subscribe to has some compelling gains over ten years time frames.  It shows results using QQQ, IWM and SPY.  Using BGU, TNA, EDC with the 3x leverage the gains are well WOW.

So if you don't have a trading system and don't want to create one, Timingcube is a choice.  I chose to develop my own and it gives better results than Timingcube and it feels good to have my own winning system.  Just like Timingcube I too will not give out exactly how my system works, no way.....

I will after the fact let you know my signals. I encourage you to put in the time and effort to create your system for I am very glade I did.

Remember the trend is your advantage.  Identify it and follow it.
Good luck with your creativity

Ben

Trend is up 4/20

The system gave an up signal 4/20. On 4/19 I could see near end of day it was almost an up signal and got in. Turned out to be a good Idea for there was a gap up in the morning. I will be checking at end of day for a new signal and trade near the close of the day.

As of 4/26 my trades are looking good. EDC, CZM.

So many forecasters, which one is correct?

Maybe none of them are correct. 

"Successful men never wait for others to show them what to do or how to do it."
-- Napoleon Hill

Successful traders don't wait for a forecaster to tell them what and when to trade.
-- Ben Cass

Trade your system, decide for your self, determine your risk and set goals and trading stops...

Ben

EOD 4/11 Sell signal

My system has posted a sell signal.  On the open next day look to sell longs and buy shorts.  If that is the markets continue dropping by 10am or so.

Good luck and set your stops.

Firday 4/8/2011 - Markets are trading side ways (boring)

I have my stops tight and ready for a dip and a sell signal on my system.  UYM has been strong and did get into a position back on 3/21.  I keep looking for the US dollar to bounce and it keeps drifting lower.  Stay with that trend and have commodity exposure like DBC, JJG, SLV while US dollar trend is down.

Stay with the trends and this one has run out of steam.  Keep your eye on the trend and follow it.

Have a good day.