Futures Portfolios Weekly Update No New Trades 11/9/2024
The futures made money this week and here are the results:
350k +5777.69
180k +6261.90
45k +579.54
*There are no new trades but several are in setups for next week*
New Portfolios 11/9/2024
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.
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