I will switch to short side for tomorrow.
will trade the ndx at 1.25x.
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Trading Blogs
About Me
- Forecaster
- I originally developed this stock market timing system to trade leveraged mutual funds within a retirement account. It appeared that traditional "buy and hold" strategies would not generate the returns I desired in the time frame I needed. I wanted a mechanical trading system that took the emotion out of making decisions about the future moves of the markets. This system gives a "end of day" call for the next days market direction. On some days it requires some input from the trader as the signal may be dependent on the closing price of a particular index. It can be traded using etf's or mutual funds. This blog is for entertainment purposes and to track the development of this system. It is not intended to be used as advice. Use at your own risk!
Great call for thurs day , good returns .
ReplyDeleteLets hope for big returns for tomorrow's short call as well
Hi Forecaster:
ReplyDeleteI'm a visitor wondering about your methods to determine market direction? Can you direct me to a place where you may have previously discussed your methods? perhaps this is your yahoo group that would help me understand your good methods.
Thanks
John
Hi, John, the group I was posting on was poor2rich. some of the early posts may help you. the methods I use are not disclosed. Basically I monitor a number of indexes and trade those thru leveraged mutual funds in retirement accounts or etfs in cash accounts. I enter my orders before market close each day in the direction the system indicates. I don't try to trade intraday. Hope this helps.
ReplyDelete