Futures Portfolios Weekly Update 12/16/2023
When markets trend, we must make money and the more they are trending- the more money we make. The algorithm was designed to get into trends quickly and reverse just as quickly when necessary. We can never-ever miss a major move. The problem for most traders is that they often miss major moves- something that is 100% impossible for us.
Two of the four Model Portfolios made all-time weekly high closing equity. The profit factors for most are off of the charts meaning that we have a high percentage of open winning trades and the average profitable trade is significantly greater than the average losing trade.
We currently have ten (10) trades in mega-trade status.
**New trade alert**
Reverse March Gasoline to long
We are all trend followers if we are profitable traders and this is because the trend is the basis of all profit. Even if we are in a trade for two minutes and make a profit, during those two minutes, the trend (price movement) was in our favor and the short-term trend made the profit on the trade possible.
New Trades:
**Apply these trend changes/roll-overs to all pertinent Model Portfolios**
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.
Don’t be shortsighted and look at one day or one week, this is about the long run, our returns are the best in the industry, history tells us if we follow the model and the rules we make lots of money.
New Portfolios 12/16/2023
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.
