http://homepage.mac.com/paperprofit1/.Public/PCCRC8month.pdf
Last June, I created a paper trading account that I have been trading LIVE, with the watching eyes of my bloggers. I started it describing each step of my strategy in my DVD's, which can be easily verified by my followers. Every trade I have entered and the rational for entering it has been posted in video clips in my private blog and viewed immediately by my private blog participants. They could paper trade each trade I entered too.
First, here is the cash balance on the starting day:
So what is the account doing today? 61% in less than 1 year:
Do you want to participate in my personal blog? how about the discussion group around this experiment? You will receive the 3 DVD's where I explain all my secrets. You will have access to my videos past, present and future.
How much do I charge? Nothing! I make absolutely no money. You only pay for the cost of delivering this highly successful trading system education for what it costs me to produce and deliver. And, yes, there is a catch:
You MUST pay it forward by doing something equivalent to the effort I have put into sharing this system. You pay it forward by creating a chain of good will, by getting the commitment from those who you help to also pay it forward.
My goal? to create good will in the world! and I am not the only one. I am not even the inventor of this hopeful idea. Want to learn more? it is all in the book by Catherine Ryan Hyde.
Check this site:
http://tinyurl.com/2rubv2
You can also get the movie with Kevin Spacey, Helen Hunt and Haley Joel Osment
http://www.imdb.com/title/tt0223897/
Here is a list of recent picks using the Refined Elliott trader, along with my own method of picking potential candidates using the Telechart 2007 scanner.
The performance of this system is already showing good results. In due time I will present them to you.
If you want to see a complete list in a single place, go to my alternative blog site:
http://stockofthedayii.blogspot.com/2008/02/how-do-i-trade-elliott-wave-part-i.html
Any comments here are welcome.
Click on this image to expand it.Any comments here are welcome.
Click on this image to expand it.Any comments here are welcome.
Click on this image to expand it.
2 comments:
Hi, Juan.
Decent looking trades, I must say. I also use RET to trade directionally. I notice that you've picked only trades where RET shows a decent price movement to the target. I do the same - I look for around 10% or more.
What rules are you using to select these set-ups... Are they the same as you recently posted in the RET forums ?
I'd be interested to know how you select your options position as well. I trade long calls or puts, using RET's 'high probability area' as price and time targets - selecting the strike with the best reward / risk according to the present IV.
Cheers
Iain.
lain, just to be clear.
The account that you see above is not one of Elliott wave candidates. They are the result of a completely different approach using an option's strategy called the PCCRC. Read through the blog and you will find out. I have entered over 300 articles about the PCCRC. I have video tutorials and a lot of information about that. Send me an e-mail for further information.
If you are an Elliott trader, you'll see a long-term project that I have initiated no long ago, which is to use my Telechart program to select candidates using strictly conventional technical analysis scans. I can get anywhere from 30 to 100 candidates daily. I then visually select the best charts using visual inspection and then confirm targets using RET to show the targets as in the charts above.
I created a DVD explaining my methodology about 8 month ago and have been using this approach on and off. But to be truthful, the PCCRC system is so good, that I have not kept a regular observation of the Elliott wave approach. I am changing that. I am recording everything I am doing, and all results will be discussed after a month of trading.
I suggest you go to my alternative blog, where I we can discuss the Elliott wave approach in more detail. I have already posted there a significant number of charts. We can follow up on this discussion.
BTW, if you are interested in the DVD's and in receiving my videos, please send me an e-mail at paperprofit1@gmail.com.
Here is the blog of my Basic trading strategies.
http://stockofthedayii.blogspot.com/
Post a Comment