ChartW59: Practical and Profitable Education for Traders

Friday, July 30, 2010

TF Trends : $710 in Three Trades on July 29, 2010

Sometimes you're hot and sometimes you're not, but the TF Trends hypothetical equity curve continues to power higher during the summer heatwave. The system caught a nice short move just before lunch, snacking on the poweful bear thrust that ensued after the lower boundary of the morning gap failed to provide support. TF Trends adapted quickly to the early afternoon trend reversal, going long in a pair of back to back winners. For the day, TF Trends netted $710 on the three trades (assumes 1 contract traded per signal with a $20 round-trip commission per contract and no slippage; see CFTC advisory concerning simulated trading results at the bottom of this page).

Did you jnow that when you trade TF Trends you have two powerful advantages working in your favor?

1. Striker Securities handles all of the trading for you, via their auto-trading program. You don't need to sit in front of your computer all day, waiting for an 'emini alert' or other potentially unreliable forms of instant messaging in order to have your TF Trends orders filled.

2. TF Trends goes 'flat' by the end of the daily trading session, meaning that you have absolutely zero overnight holding risk. Remember the 'flash crash' from a few months back? With TF Trends, you'll never have to worry about an overnight 'crash' - one that could cost you thousands of dollars in needless trading losses.

Now it's your turn to act - pick up the phone and call Dan Neenan at Striker Securities in Chicago at 1-800-669-8838 to open a futures account. Tell him you'd like to have the TF Trends system auto-traded in your account and he will be glad to assist you in getting everything ready to go.

Until next time, may God bless you and keep you in His care.

- Don Pendergast, developer of TF Trends

12:08 pm edt

Thursday, July 29, 2010

TF Trends : $450 in Three Trades - Per Contract

TF Trends, my unique intraday trading system for the volatile emini Russell 2000 futures contract, continues to return impressive performance figures. I have constructed this system in a way that virtually enures that it will grab at least some part of every major intraday trending move that the Russell 2000 index makes. The intraday action on Wednesday, July 28 2010 provides us with a good example of TF Trends at work. The system went short three times, pulling out gains of $230 on the first trade, $390 on the second one and then taking a small loss of (-$170) on the third and final trade of the day. For the day, the net hypothetical gain was $450 after deducting a $20 round-trip commission for each contract traded.

Call Dan at Striker Securities right now at 1-800-669-8838 to open a futures trading account, fund it and have TF Trends auto traded for your account. Striker will make every trade for you - you don't even need to be at your computer during the trading day, much less even have it turned on, as Striker, the premier systems trading broker in Chicago, will oversee the operation of TF Trends in your personal account.

Inthe meantime, sign up for our ChartW59 Systems Trading newsletter - the sign up form is on this web page - and receive updates on TF Trends and the other systems that I have to offer to serious traders. The next newsletter will go out on August 1, 2010 and you don't want to miss it.

Until next time, may God bless and keep you.

- Don Pendergast, developer of the TF Trends trading system

12:59 pm edt

Monday, July 26, 2010

TF Trends : 8 weeks of Steady Gains

TF Trends, my intraday trading system for the emini Russell 2000 futures contract, continues to perform admirably. Pictured above are the essential hypothetical ('walk forward') statistics for the system since June 1, 2010. Without getting too technical here, suffice it to say that the system is firing on all cylinders and continues to locate and take advantage of strong trend moves in the Russell 2000 index. Here's a more in-depth explanation of what these stats actually mean to you, a potential TF Trends subscriber:

Profit factor: This figure is derived by dividing the net dollars earned by the net dollars lost. Any figure above 1.00 means the system made money over the test (backtest or walk forward). In this case, TF Trends did exceptionally well, returning a profit factor of 1.55. Note that the profit factor on the short trades is reasonably close to that of the profit factor obtained by the long trades, which shows us that the system is fairly 'balanced' as to its ability to extract profits from the long and short side of the market.

Next, note the size of the average winning trade compared to the size of the average losing trade; in this case, the average winner is more than twice the size of the average loser, coming in at a ratio of 2.16. Again, a very impressive figure, especially considering that the system performs very well on either side of the market..

Finally, look at the 'average bars in winners' and 'average bars in losers' stats; the system typically holds a winning trade for 19.83 bars and closes out losing trades after only 8.32 bars. In other words, TF Trends lets winners run while closing out losing trades early before they can do too much damage to the system's overall performance.

TF Trends is now available for auto trading at Striker Securities; for more information on this unique way to trade the emini Russell 2000 futures contract, please call William Gallwas or Dan Neenan at Stiker today - the phone number is 800-669-8838. I believe you'll be glad that you did!

Until next time,

"May the road rise up to meet you.
May the wind always be at your back.
May the sun shine warm upon your face,
and rains fall soft upon your fields.
And until we meet again,
May God hold you in the palm of His hand."

- An Irish Blessing

11:08 am edt

Tuesday, July 20, 2010

Five Star Stocks : A High-Powered Swing Trading System

All of my prior posts have dealt exclusively with my TF Trends, ES Shuttle and Zero to Sixtea intraday futures trading systems, all of which will be available by monthly subscription at Striker Securities in Chicago, IL in the near future. Today's blog post deals with a very special stock trading system that I've developed, one that is the product of years of study into what really drives the prices of stocks. The system is called FiveStar Stocks and it trades a complete portfolio of equities, going for short-term swing gains on a daily time frame. No day trading is involved, with all trades entered during the next trading day. A stop loss is used on every trade, ensuring a timely close out of any trade that decides to go it's own way.

A nice feature of FiveStar Stocks is that it only takes long positions in the market, and that only when the broad US markets are in a decidely bullish mode. And since no short trades are taken, FiveStar Stocks can also be a good choice for IRA accounts, too.

FiveStar Stocks will be available for subscription at Collective2.com, one of the world's foremost trading system 'supermarkets.' For now, I await the proper technical configurations in the broad markets that will indicate when it's safe to trade from the long side of the market again, at which time I will begin issuing new trading signals for this unique, professional-quality trading system.

{Be aware that while FiveStar Stocks has performed exceptionally well in both back and forward testing mode, no assurance can be made that the system will continue to be profitable. For that reason, please read the CFTC warning at the bottom of this page.}

10:16 am edt

Tuesday, July 13, 2010

TF Trends : After the Rain, Another Gain

The chart above shows the last couple of days of trading action in this unique intraday trading system, one designed to trade the emini Russell 2000 futures contract. Monday's action comes first; ah well, good 'ol Monday can be a day in which anything can happen, now can't it? It was a 'rainy day' kind of trading session, sporting three consecutive losing trades (all were long buy signals) that caused a daily net loss of $580 including a $20 round trip commission on each trade.

However, on Tuesday the sun began to shine on TF Trends once again, with the system making all of Monday's losses back - plus an extra $10! When the Russell breaks out and starts to trend, that's when TF Trends really shines. And when it just grinds sideways, well, we limit our losses with sensibly placed stop losses and trust in the basic logic of this very promising stock index trading method. Over time, TF Trends has managed to produce a very attractive, steadily rising equity curve, one that shows no sign of disintegrating any time soon, despite periodic (normal) draw downs. Remember, these are hypothetical back and forward-tested results (see CFTC advisory at bottom of page).

You can learn more about trading TF Trends by calling either Dan or William at Striker Securities in Chicago at 800-669-8838 or by visiting the Striker website at www.striker.com. You can start trading TF Trends right now when you open an account at Striker Securities, so call today. In the meantime, be sure and sign up for the ChartW59 Systems Trading Newsletter; the next issue is set for August 1, 2010 and yiou won't want to miss it! Sign up right here on this page, today.

9:32 pm edt

2010.07.01 | 2010.06.01 | 2009.06.01 | 2009.01.01 | 2008.12.01 | 2008.11.01 | 2008.10.01

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST RESULTS ARE NOT NECESSARILY INDICITIVE OF FUTURE RESULTS. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH TRADING FUTURES CONTRACTS CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITIONS SINCE ALL SPECULATIVE TRADING IS INHERENTLY RISKY AND SHOULD ONLY BE UNDERTAKEN BY INDIVIDUALS WITH ADEQUATE RISK CAPITAL.

ANY ADVISORY OR SIGNAL GENERATED BY THE SYSTEMS DESCRIBED/DEPICTED IS PROVIDED FOR EDUCATIONAL PURPOSES ONLY. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. WHILE THERE IS GREAT POTENTIAL FOR REWARD TRADING COMMODITY FUTURES, THERE IS ALSO SUBSTANTIAL RISK OF LOSS IN ALL TRADING. YOU MUST DECIDE YOUR OWN SUITABLILTY TO TRADE OR NOT. FUTURES RESULTS CAN NEVER BE GUARANTEED. THIS IS NOT AN OFFER TO BUY OR SELL FUTURES, STOCKS, FOREX OR COMMODITY INTERESTS.