This is how the short term example ends:
On 4/8 there were four positions entered, BMS, MNC, TIF and TTWO. By 4/26 all had hit their target.
BMS up $2.12
MNC up $5.42
TIF up $2.72
TTWO up $2.94
Assuming they all had been bought at the highest buy point, which they all had hit, and sold at the target. It produced 13.2 points gain, or a 9.8% gain on investment during the period. This is above the average to have a 100% success rate...no stops hit and all targets hit. But the risk is pretty well defined before the trades are made, which is more appropriate for folks who can't, or don't want to be, watching a computer screen all day...
Interesting how well this went with the market sliding, the market is a big factor in the risk, and after today we may not have anymore short term trades until we see the balance of buying/selling, our SSRatio, go positive again...assuming that it goes negative after today...I think it will, but haven't run the numbers yet.
Anyway, I hope this has been of value to you folks, at least to look at each trade and think about what the risk is.
Have a good weekend,
Sam |
