Futures Portfolios Weekly Update No New Trades 10/5/2024
The futures model portfolios were mixed this week and appear to have stabilized.
*There are no new trades*
New Portfolios 10/5/2024
*These are new sheets, they show in or out. All of our program updates are complete. This is going to be great.
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.