Futures Micro and Mini Portfolios Weekly Update
The reality is, we are making unbelievable money in our futures trading models. Check out the dollar gains in the various Model Portfolios this week:
We had historic high equity closes in most of the Model Portfolios. Again, we are looking to hit home runs- not singles and we are making Babe Ruth look like a minor league player. It is all about catching the big moves and our algorithm does that better than anything else we know.
If you ascribe a lot of the gains to the virus fears, remember that most of the trends we are riding had started before the flu news. I do not believe that anyone knows why markets do anything. Read that again- we don’t know why markets do anything- we just know that they do something. That something is that they breakout to the upside and go higher and they breakout to the downside and go lower. Not really that complicated to understand, but folks don’t like simple in trading- we do. We buy if a market is going higher and we sell if a market is going lower.
We have nine (7) open Mega-Trades and the profit factors of the various Model Portfolios is hard to believe. This kind of performance is unheard of in futures trading or any trading for that matter. Need I say more about the many benefits of not forecasting the market and simply following it?
**Trades can be entered during the electronic night session or in the morning. However, in volatile stock index and currency markets, you should enter a trade as soon as possible
-meaning the beginning of the electronic night session as it will tend to be a more profitable entry point. Trades shown in the Model Portfolio spreadsheet are the fills I get for my own trades. Your trade entries can be better or worse.