New York
London
Tokyo
Trader Gordon
A Trading Metro Member Blog

‘ETF Wave Trader’ Update

September 28, 2009 at 5:16 pm • Posted in General

200909283Today’s market surge took our 10 long ETFs in Wave #21 up another 5% to 26.91% as of today’s close.  We’re now 68 market days into this long wave and still going strong.

Our model portfolio is now up 552% since we started back on 5/24/2004 for an average compounded monthly return of 8.6%.

We’ve had 19 winning waves and 2 losers for a net win/loss of 90.5%.

Our long waves have averaged about twice the performance of the average short wave: 15.5% vs. 7.4%.

Our only 2 losses thus far have been on the short side, both of which turned out to be ‘head fakes.’

To continue with the basketball metaphor, we’re pouring most of them in from downtown and so far, have only dribbled two off our toe!

 

 

Tagged as:

SocialTwist Tell-a-Friend

Leave a Response

Trading Metro
Disclaimer

Before diving into the legalese below, use your common sense when trading. Rely on yourself to define trade execution, don't trade with money you cannot afford to lose, and know the risks of trading. Be responsible, be honest, and use common sense.

Online trading, especially that on margin carries a high level of risk and may not be suitable for all investors. Opinions expressed at Trading Metro are those of the independent authors and do not necessarily represent the opinion of Trading Metro. Trading Metro has not verified the accuracy of any claim or statement made by any independent author. It's your responsibility to ensure the veracity of information presented.

Any solutions, opinions, news, research, analyses, prices or other information contained on this website, by Trading Metro, its employees, partners or contributors, is provided as general market commentary and tools, and does not constitute investment advice. Trading Metro will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Information on Trading Metro is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on Trading Metro is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy and our Privacy Notice.

Feedback Form