Sunday, January 2, 2011

2011 New Strategy

This performance chart shows trades of the TNA based on the SPX signals...It has generated an 86% net gain for 8 months...If it was updated through Dec 31st instead of through Dec 1st, the net gain would have been 103% for 8 months...I am switching to these signals because it generated less trades than the previous strategy with 40 trades and it still generated healthy net gains...For 8 months there were 13 trades, 8 gains and 5 losses...
So...this strategies last signal was a buy on Dec 1st...We now are waiting for the next sell signal...

Past performance is not indicative of future results.

6 comments:

  1. Hi,

    I just discovered your blog over the weekend and just wanted to say how much I am enjoying your posts.

    Just to be clear, are you on a TNA sell signal at the moment or waiting for one?

    Thanks for all the hard work!

    Alesund

    ReplyDelete
  2. Please ignore my last question. I answered it myself. You are on a sell as of Dec. 31, 2010.

    ReplyDelete
  3. Alesund...
    The Dec 31st sell signal was the last signal I was posting for that method...So no more signals will be posted at all for that method...
    I now switched over to the 2011 New Strategy that is currently still on a buy signal from Dec 1st...
    I can either keep my long position from the old signals and wait for the new strategy to give me a sell signal or sell my position on the Dec 31st sell signal and stay flat until the new strategy gives me a sell signal...

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  4. I have read your blog a couple of times after your comments on Parker's blog. What is TNA above? Do you post your buy/sell signals? Thanks.

    ReplyDelete
  5. Cycleguy...
    TNA is a small cap bull 3x ETF...you can google it or search it at yahoo finance...
    I do post the signals...But note that in the past 8 months there were 13 trades, 8 gains and 5 losses...
    See comments below the 2011 New Strategy above...
    If I decide to stop posting the signals I will say so in a new updated post...

    ReplyDelete

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