Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 681.53

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Dec 2 4:00 PM EST

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To: Dr. Stoxx who wrote (7619)	5/25/2000 5:20:00 PM
From: Dr. Stoxx	Read Replies (1) of 39683

BVSN UPDATE (revised): Starting date: 3/24/2000. $6650 margin account; 200 shares per trade. Buy-and-hold purchase price: 66.5 Chart for BVSN: 207.61.23.98. Note: trades 1 through 5 are backtested. 1. Short: 66.5 to 45.25 = $4230 2. Long: 45.25 to 47 = $330 3. Short: 47 to 47.75 = ($170) 4. Long: 47.75 to 43.5 = ($870) 5. Short: 43.5 to 48 = ($920) REAL CASH TRADES INITIATED WITH STARTING CAPITAL OF $4800 MARGINED 6. Long: 48 to 53.88 = $1156 7. Short: 53.75 to 47.5 = $1230 8. Long: 47.56 to 44.75 = ($582) 9. Short: 44.75 to 31.25 = $2680 10. Long: 31.375 to 36.25 = $955 11. Short: 36.1875 to 34.25 = $368 THE FOLLOWING TRADES ARE AT 400 shares per trade: 12. Long: 34.25 to 32.5 ($720) 13. Short: 32.375 to 35.625 ($1320)...ouch...serves me right for going to 400 shares (damn greed!) 14. Long: 35.75 to 44.625 $3532...YES!! 15. Short: 44.5 to 48.5 ($1620)...NO!! 16. Long: 48.5 to 44.625 ($1570) 17. Short: 44.5 to 48 ($1420) 18. Long: 48 to 47.125 ($370) 19. Short: 47 to 46.88 $30 20. Long: 46.75 to 46.88 $30 21. Short: 46.75 to 46.88 ($72) 22. Long: 46.625 to 47.88 $482 23. Short: 47.88 to 42.125 $2282 24. Long: 42.125 to 43 $330 25. Short: 43 to 45.25 ($920) 26. Long: 45.25 to 45.625 $130 27. Short: 45.5 to 44.938 $205 28. Long: 44.875 to 46.375 $580 29. Short: 46.3125 to 38.88 $2953 30. Long: 40 to 38.75 ($520) POSITION SIZE IS NOW 200 SHARES FROM TRADE 31 31. Short: 38.75 to 33.125 $1105 32. Long: 33.25 to 35.25 $380 33. Short: 35.25 to... Total profit (closed trades only): $11,953 (179.7% in 2 months!) Real Cash Profit: $9314 (194% in 7 weeks) Buy-and-hold: 47% loss!

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