Recent content by Beware The Draw Down

Nasdaq100 (^NDX) open position closed at today's closing price. 96 points profit.

My open position on the Australian Index (^AXJO) generated a close position signal at the closing price today. Here is how it panned out on a daily closing price basis since the position was opened. ^AXJO Close Price Signal Stake (Unit) Position Profit/Draw Down 14/04/2020 5488...

I started this thread with the intention of explaining the system I use on the Nasdaq100 but realise it is too complicated to explain in words & would raise too many questions. But what my system on the Nasdaq100 highlights when the draw down is excessive is good trade opportunities for most...

Now that made me laugh and I am old enough to have watched them old black & white James Stewart films on a black and white telly. But I don’t get the feeling I don’t know where I’m going as the system has been back tested. You will never be able to pick the top (or bottom) when entering a trade...

My system generated a sell signal for the ^NDX at yesterday’s closing price. I do feel the index will go higher but feel a short correction is now due. Or that’s what my system is telling me. It is hard to stick to a system but the more I do it the more I steadily win. Or more importantly the...

I prefer to trade an Index rather than individual shares as individual shares generally only go up or down if the relative index goes up or down. Trading an index can be quite volatile so I only trade on the end of day close price with a stake relative to my capital so as not to be caught out by...