***KEEP IT SIMPLE TRADING*** is a system of mechanical trading I have developed over the last three years.It is designed as the name implies,to be simple,low cost,easy and effective.
The method is proprietary but I will give the buy and sell signals as they come.
"Most" trades are meant to last weeks...the best trades will last months.The advanced system will use some daily trades in addition to the core position to leverage optimal opportunities.Patience will be rewarded with this system.
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***07/21/03 SHORT SP500 EOD TRADE(CORRECTED TO PROFUNDS MUTUAL FUNDS)
*** CONSERVATIVE SYSTEM: Buy $10,000 PROFUNDS BEAR PROFUND (BRPIX)253.871sh @ $39.39
*** HIGH RISK HIGH REWARD SYSTEM: Buy $10,000 PROFUNDS ULTRABEAR (URPIX)321.853sh @ $31.07
***ADVANCED SYSTEM : Buy $10,000 PROFUNDS ULTRABEAR (URPIX)321.853sh @ $31.07
***A buy signal was generated EOD Friday 08/01/2003 for the ADVANCED SYSTEM.
***The ADVANCED SYSTEM doubled its original dollar position the following business day 08/04/2003 by buying $10,000 of Profunds UltraBear fund(URPIX)325.200sh@$30.75
***The ADVANCED SYSTEM TRADE from 08/04/03 which doubled its original position was closed on 08/13/03 by selling 325.200sh @$30.59 of the Profunds UltraBear fund(URPIX).
Loss (-$52.03)
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{{{ All trading recommendations are merely suggestive and are in no way intended to be regarded as investment advice}}}
1)TRADING SIGNALS WILL BE GIVEN EOD.ALL TRADES FOR ALL
THREE SYSTEMS SHOULD BE ENTERED THE NEXT DAY WITH A MUTUAL
FUND PURCHASE.
2) THE ADVANCED SYSTEM WILL "DOUBLE DOWN" ITS ORIGINAL POSITION FOR SELECT TRADES UNDER OPTIMAL CONDITIONS. I WILL EXPLAIN MORE LATER....
3)RED FONT IS RESERVED FOR TRADING SIGNALS,ALERTS,UPDATES AND CORRECTIONS.
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