In your quest to learn all essential ingredients of swing trading, we invite you to visit our sister site, The COSMIC Speculator, which continuously operated as a forecasting service for 3 years -- July 2008 through June 2010. During this time The COSMIC Speculator identified 366, high probability trades, on average, about one every three calendar days.
Please keep in mind that only 193 of those 366 setups resulted in trade ideas actually triggered from our standing order in one of World Wide Trader's 3 brokerage accounts. Of those 193 triggered positions, there were 100 Gainers and 73 losers. Also, there were 20 breakeven trades, not counted as losers.
Thus, the impressive 62.% Win to Loss Ratio and a cumulative gain of 474% on an original $25,000 account is sufficient evidence that managed futures is an ideal method for producing capital growth. Now, with swing trading, one holds positions from 3 days to 3 weeks and in 2008 and 2009, our common [standard] protective stop exit of $1,000 per contract worked fairly well, thus many of our positions performed admirably.
you will see the gain amounts and loss amounts but remember, the WWTC account, early on in 2008, was manually traded by me [Richard] and not broker [Letter of Direction] handled by unbiased 3rd party. As a result, I sometimes removed trades earlier than the Speculator's assigned target... Silly Me!
That is why the WWTC record approaches 200% as opposed to the COSMIC Speculator's record approaching 500%!
All remaining information pertaining to The COSMIC Speculator is contained on its website at:
In your quest to learn all essential ingredients of swing trading, we invite you to visit our sister site, The COSMIC Speculator, which operated continuously for 3 years from July 2008 through June 2010 during which time the Speculator identified 366, high probability trades, on average, about one every three days.
Now, keep in mind that only 193 of those setups resulted in the trade idea being triggered from our standing order in one of the World Wide Trader's 3 brokerage accounts. Of those 193 triggered positions, there were 100 Gainers and 73 losers. Also, there were 20 breakeven trades, not counted as losers.
Thus, our 62.% Win to Loss Ratio and a cumulative gain of 474% cumulative gain on an original $25,000 account.
Now, with swing trading, one holds positions from 3 days to 3 weeks and in 2008 and 2009, our common [standard] protective stop exit of $1,000 per contract worked fairly well, thus many of our positions performed admirably. When you analyze the detail, you will see the gain amounts and loss amounts but remember, the WWTC account, early on in 2008, was manually traded by me [Richard] and not broker [Letter of Direction] handled by unbiased 3rd party. As a result, I sometimes removed trades earlier than the Speculator's assigned target... Silly Me!
That is why the WWTC record approaches 200% as opposed to the COSMIC Speculator's record approaching 500%!