The call is 70% long EM and 30% long spx.
I will trade at 1.5x.
The EM call has the bias.
Will update near close.
The call stands as is.
Subscribe to:
Post Comments (Atom)
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!
Forecaster,
ReplyDeleteIt looks like the system is turning around for the year and lets hope you keep it up. I was wondering what platform or platforms you are using to trade your system, ie(Schwab, or some other discount online broker)?
Also if you dont mine me asking where are you located?
Hi Brandon, I have accounts with Direxion, Profunds, and Think or Swim.
ReplyDeleteI tried with Scottrade and E-trade but they could not execute the leveraged mutual fund transfers on a daily basis. I trade etf's with TOS. I reside in Arkansas. How has your trading been going?
Forecaster,
ReplyDeleteMy trading has been going well. I have been a little more hesitant so far this year as I feel we are going to trade in a sideways pattern for awhile. But the best thing is to never fight the tape if you have more of a longer term trading strategy than your system. System looks great so far since the end of Feb. and into the beginning of March. Keep up the good work and i wish you the best as always. If things continue to go this well are you looking to market your system next year to investors?
Thanks
Brandon
Hey Brandon, I may market the system if I feel it becomes more consistent. I have also considered reducing exposure when the call is against trend but have not worked out the details....most solutions seem to reduce overall returns over time. good luck with your trading.
ReplyDelete