All system report performance data is based on hypothetical results. Any interpretation of data presented that leads to an investment is at your own risk.
Trading system Atmosphere
The strategy uses a combination between pattern and indicators. Once a certain criteria is filled a limit order is placed. Often that limit marks the low of a down swing. As all of my strategies it is a long only system with no stops. Being long has several advantages:
1. It is positive and gives more positive feeling. Doesn't it feel better to hope and wish for a good thing to happen?
2. The market will go up in a long run!
3. I can not think of any situation were the exchange will disallow you to go long but there are many situation where they have disallowed going short!
Stocks in the Portfolio:
The stocks listed below are based on diversification of industry groups and market capitalization. Currently you find more tech stocks in this portfolio. I take the freedom to change that portfolio at anytime but will post the change here and try to explain it.
AAPL BA BIIB CAT COP CSCO CVX DD DOW EBAY FB FCX GD GE GOOG HD INTC KO MCD MDLZ MO MON MSFT ORCL PFE PG PM QCOM RTN SBUX SLB VZ WAG WMT XOM
It is noteworthy to mention that the selection of symbols is not based on the result within the system but on sound company numbers, a business model I can follow, products I know or like (Apple).
Historical results
No matter what people tell you, you should not trade if your portfolio size is lower than 100K, not this system or any other system. Usually the relationship between position size and commission will be not at your favor. Also, based on historical results I expect a return of 20% but there is not guaranty. The only thing I am sure of is that the drawdown will be eventually as high as or even higher than the historical results. You got to know that and expect it.
Risk - Drawdown
Based on historical results, the position size of 20K and a portfolio value the drawdown could be even 100K, may be more. Strange market conditions come up every few years and none of my strategies were able to be without drawdown. So far the drawdown has been less then the competing buy and hold.
Position Size
I plan to publish my signals here based on a portfolio value of 400K and a overnight margin of 2 to 1! Each signal position size will be fixed to 40K. I do not plan to change that. So even though the portfolio value might go up to 300K I would not change that.
Price
The price of $200 per month is based on investors with a portfolio of 200K. Based on historical results the fee should not be too high in relation to your profits. I truly hope that larger investors will share additional profits at their discretion and my benefit. ;)
General Comment
Life is short, live it while you can. Take your profits out and treat yourself, your partner, your family or anyone else good! It is not my goal to multiply my wealth, my goal is to enjoy now. However it is up to the followers to adjust to their goals and stage of life. I am not claiming to have the right solution for everyone.
Otto Wiedemann