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.
Hi,
ReplyDeleteI 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
Please ignore my last question. I answered it myself. You are on a sell as of Dec. 31, 2010.
ReplyDeleteAlesund...
ReplyDeleteThe 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...
I see. Thanks for clarifying.
ReplyDeleteI 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.
ReplyDeleteCycleguy...
ReplyDeleteTNA 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...