Futures Micro and Mini Portfolios Weekly Update
It was a mixed-bag this week as four of the Model Portfolios saw gains and the other three had losses. The key is patience and discipline to be able to pull the trigger even if we are in a drawdown. The reason is, after every drawdown in history, we have made new equity highs with no exceptions. If you want dessert at the end of the party, you need to stay there until you get it.
Keep in mind there is nothing out there that can match the profitability that the algorithm provides. Anyone that started even a few months ago is sitting on large profits if you followed the rules. For me, it all gets back to the trader. If you are doing things right you will win- if not, you will lose- it’s that simple.
If your Model Portfolio is in drawdown, we can press our positions if we have enough equity, and I suggest you do that if you are well capitalized. If you are in a financial position to press your investment at the right time, you will produce large gains in your account equity based on historic realities.
We make big money by being long term position trend traders- nothing more-nothing less. You need to be 100% disciplined to replicate the Model Portfolios and the more you deviate from full discipline, the worse your performance.
***New Trade Alert***
Trades can be entered during the electronic night session or in the morning. There is some flexibility in terms of when you enter a new trade and this is because our profits are not marginal. Trade prices shown on the Model Portfolio spreadsheet are what I get for my own trades. Yours can be better or worse.