Five o'clock in the mornin'Here is a 12 month track record of the SPY Daily Trend Model. The table that follows contains entries (closing price of SPY day of signal) as well as "Best level" which marks the best price level achieved for each individual trend.
I'm all ready up and gone
Lord I am so tired
How long can this go on?
SPY Daily Trend Model
Past performance is not a guarantee of future results
There are many observations contained in these results. Striking is how successful the signals have been "intra-signal," that is, before slippage steals points leading into the next signal......But there's an App for that, especially for those trading highly leveraged options seeking to turn quick profits rather then waiting for reversing signals.
Consider also the effect of a 2X or 3X leveraged ETF applied to the net return compilations.
Maybe most important of all, no one signal had make or break power over the 12 months of results. Of the seven closed signals, three, almost half, were net losers.
This blog is for perspective, it is for discipline, it is for perseverance, its for going to work each day with a game plan, with strategies and with realistic, yet achievable, expectations.
A
Workin' in a coal mine
Goin' down down down
Workin' in a coal mine
Whop! about to slip down
