Futures Micro and Mini Portfolios Weekly Update
This week, two of the Model Portfolios had gains and three had losses. The late move on Friday in the stock indexes helped increase equity quite dramatically across the board.
The key is that we have caught the trend in the stock indexes and the Model Portfolios are benefiting. Of course, the fundamentals for stocks are bearish, but we only look at price and when price is going up- we get aboard as we always do.
Look at the following home run trades to see how we can never miss a major move in any market and how many other traders and/or trading methods have these kind of open trade profits in the stock indexes?
- Dow e-mini +$1551.00
- NASDAQ e-mini +$991.00
- S&P e-mini +$1451.50
- 10 year note +1540.00
We also have two home run trades going in the precious metals:
- Gold +$1451.00
- Silver +2145.00
In addition, we have nine (9) open Mega-trades and the profit factor in most Model Portfolios is off the charts. In the 226k, we have a profit factor of 9.76 which means we win over $9 for every $1 put at risk. These are incredible metrics for any trading method.
Keep in mind there is nothing out there that can match the profitability that the algorithm provides. Anyone that started even three 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.
***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.
With the margins going crazy we have added a new 5k portfolio, the old 5k margins have risen too high to fit into the 3x margin we require. We will cover both, those that have been in from the beginning have enough capital to continue in the old 5k.