The 2% Risk, 3 ATR Model¹ is up 6.36% YTD, including commissions of .01/share.
20% Equity per trade model is up 5.12% YTD, including commissions of .01/share.
Despite continued calls from the financial nose machine to short this market, PDS 2.0 has stayed long. Here are some trades that were closed today.
Even Le Fly got long OPEN on the day PDS 2.0 selected it for buying…
Subscribers received the email below this evening. Note all the trades to be closed tomorrow. Most will be closed profitably. The new delayed exit makes the system easily traded by folks who work and can only place orders after the market has closed or before it has opened.
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Here’s a quick summary of today’s action:
The following positions were sold today at the closing bell:
Sold NAV for a 7.91% gain.
Sold AUDC for a 6.32% gain.
Sold CSX for a 4.98% gain.
Sold ACE for a 1.50% gain.
Sold OPEN for a 1.14% gain.
Sold ACE for a 0.95% gain.
Sold HCP for a 0.61% gain.
Sold ATHR for a 0.11% gain.
Sold ATHR for a 0.04% gain.
The following positions closed above their exit thresholds today, and are scheduled to be sold at the next closing bell:
HS
HS
AIXG
FSS
SKH
ONNN
UNT
VRNT
ULTA
WYNN
RBN
CALD
KEM
VRNT
OSK
GTE
NE
WYNN
UNT
F
RBN
BRNC
CYBX
PL
CYBX
CIE
No new picks were generated tonight.
-The Power Dip Team
¹Since stops are not used, risk is more than 2%. 2% is used for position-sizing purposes.
There are some nice gains in that bunch of bananas. Look forward to seeing how tomorrows closers do.
Yes there are. I own some of the ones to be closed tomorrow and hope that the market stays firm and that they do not retrace significantly.
The reason PDS 2.0 delays the exit by one day is to capture more of the trending that stocks have been demonstrating. This has allowed us to catch larger gains in big bounces while the stocks that do retrace a bit typically see smaller retraces. Delaying the exit by one day also makes the system a true end-of-day system which simply makes it easier to trade for those who work. Win-win.
$WYNN was nice.
Indeud.
Interested in how the positions closed out today. Also noticed that a few of the names are repeated, is that on purpose?
Sometimes the stocks are selected as buys on more than 1 day. Thus, multiple selections mean that the name gets repeated.
I might post the email again and then you can see how they closed.
Thanks,
I like the idea of the Power Dip system because I am not a day trader as I have a full time day job.
As do I. It was designed for traders like us.