Those folks who jumped on PDS extended trial offer were immediately rewarded with an 8% gain in the only pick for the day.
When the market is able to pullback a little more, we’ll be getting many more dips to buy.
Joined Nov 11, 2007
1,458 Blog Posts
Yes Indeud! I got out at 34.87!
Wood,
Here’s my Sept. They are mostly 1% ATR positions, because of the PPT overbought reading.
Also, I never used much of my port and never loaded it up to over $100,000 in positions.
Most of the time I had less than $50,000 in positions at a time. Often much less. So here are the percentages on each trade
1.75%,1.71%,0.26%,2.76%,0.50%,0.00%,3.25%,3.18%,0.79%,-4.93%1.75%,0.88%,-1.74%,1.65%,4.71%,
1.63%,-0.54%,0.70%,2.51%,3.71%,2.26%,1.66%,0.45%,-0.69%,-0.97%,7.83%
So in September the average percentage gain was: 1.332230639% with a total dollar gain of $3,028.00.
I don’t understand why there aren’t many more people doing this with at least a part of their portfolio.
I got my port divided into Power Dip Trades, Precious Metal Trades and Technical analysis trades and at least for the last three months this strategy has been working very well.
Thanks again for your excellent system!
“”So in September the average percentage gain was: 1.332230639% with a total dollar gain of $3,028.00. I don’t understand why there aren’t many more people doing this with at least a part of their portfolio.””
The Russell 3000 and the Wilshire 5000 indexes were up 9% in Sept. How did you do? Face it, a lot of people like to try to hit home runs, and watching the hare is more fun than watching the tortoise, although the tortoise does quite well in the end.
daveinphilly,
That’s my point in posting. My risk was down and yet the gains were consistent and regular. If you were to take the average amount of the port at risk over the month the total percent gain would probably be somewhere around (although I haven’t figured it this way) 8 to 10 %. Say roughly $3000 / $30,000 to $50,000.
That was my point I was going to make Hawaii. Thanks!
I say that most traders did not do that well, if we use this board as a sample. Most were bearish.
I would add that it is easy to beat or match the indices in a normal month, but very hard when they have the best month in over 70 years. With that in mind, I’d say you did remarkably well!
I am at a conference today and incommunicado but will respond to this as quickly as possible as it is important.
I will have the monthly PDS report up sometime over the weekend.