Futures Portfolios Weekly Update New Trades 10/12/2024
Trading was quiet this week. Here are the portfolio Results
350k -6925.10
180k -616.34
45k -155.33
*New Trades*
Reverse to Long
Dec British Pound
Dec Euro
Dec Swiss Franc
Dec 10-Yr Note
New Portfolios 10/12/2024
The weekly results are above, there was a problem with the formula on the sheets. The new trades are above, the new trades are not highlighted on the sheets
Conceptual Basis of the Algorithmic Futures Trading Method
As trend followers, we only need a few big moves a year to make big bucks. My Mega-Trend Trading Method will get aboard a market and hang on for big moves. Because of it, we can achieve great profitability year in and year out. We look to hit home runs- not singles.
Most trend following methods have a low winning trade percentage (typically 32-39%) and for that to work there must be a few big winners to offset the frequent losers. However, my method does not suffer from this problem due to an overall 66% winning trade percentage.