Futures Portfolios Weekly Update No New Trades 10/26/2024
All of the futures option trades lost money this week. Results are below.
350k -11,410.42
180k -1,532.50
45k -228.07
*There are no new trades*
New Portfolios 10/26/2024
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.