I wrote recently about two difficult trades PDS picked up: OPXT and TA.
In that post I also mentioned that there would undoubtedly be another winning trade to balance out the losers. Anyone who trades long enough and follows a disciplined methodology has witnessed the symmetry that develops…
Unfortunately, PDS was 100% long when BDCO came along, and thus, there was no cash to purchase the dip. Of course, this assumes one started trading the system the first trading day of January. If one started trading the system on a different day, his results may be different.
Anyone who wasn’t 100% long and took the top pick on that date has logged a 30% gain…
