Great Trades

Friday, April 24, 2009

Moved to cash

With the Nasdaq's breakout, our trading model has liquidated the other positions to move to cash.

We're shifting our focus to developing an automated futures trading system that takes advantage of intraday volatility. Initial development looks very promising, with very high return potential on very low risk.

Open Positions: none.

posted by GreatTrades  # 11:28 AM

Comments:

Like the sound of that! Love your blog, btw... very informative and analytical.

# posted by  Anonymous : 12:05 PM

 

Your commentary has been very helpful for me in timing my trades. Keep up the very good work.

# posted by  Jonathan Swift : 8:52 PM

 

Are you planning on offering it on www.collective2.com , by any chance?

# posted by  Dave Narby : 2:02 PM

 

I enjoy reading your blog and picking up some new things. Any regrets for sitting out Friday's rally?

# posted by  Anonymous : 9:28 PM

 

I never post on this things but had to say Great blog!

Thought you had a good first entry for the last short. Add final on the second entry.

I think we see some good down side this week.
Sophie.

# posted by  Anonymous : 11:53 AM

 

Dave -- We haven't planned what we will be doing with our new system yet. In any case, we are starting by using it with our own funds, with promising results so far. After establishing a strong track record, we'll decide what to do from there.

# posted by  GreatTrades : 4:51 PM

 

2nd Anonymous -- No regrets. After development and backtesting, our new system is already trading both long and short and making very good returns both ways. We continue to tweak and test it, and plan on expanding it to different areas.

# posted by  GreatTrades : 4:56 PM

 

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Disclaimer: Great Trades may have a position in all or some of the stocks discussed in this blog, but is not paid by any company to promote their stock. Great Trades contains opinions, none of which constitute a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. Great Trades does not provide personalized investment advice.