Futures Portfolios Weekly Update New Trades 8/31/2024

Futures Symbol Guide

The futures portfolios lost money this week. However, we are far below the mean regression lines so expect some large gains at anytime.

*New Trade Alert*

Sell Sep Euro Currency and sell Dec
Reverse Nov Soybeans to long
Roll Sep 10-Year Notes to Dec
Roll Sep 30-year TBonds to Dec

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 8/31/2024

350 K

180K

45K

10K

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.