exp system

[exp]

Update on top performers:

(1) KT...trades QQQ...only at the open (once a day)...had a 300% gain in the 12 months since 4/6/02 (or approx 12% a month compounded) with no leverage/margin...in the last 2 months had approx 0% gain...uses a 100% mechanical system based on a set of formulas
http://www.geocities.com/k_tieff/e/KT-QQQ-e.htm

(2) PAUL FAKLER...trades QQQ intraday...had a 12% gain for the past 2 months (6% a month)...does not use leverage/margin...uses partial positions probably no larger than 50% of total acct...uses a "system" based on t/a
http://www.investorshub.com/boards/board.asp?board_id=1628

(3) WAHZ...trades QQQ intraday...45% gain since 1/17/03 (or approx 10% per month compounded) with average position size of approx 125% of the account (1st position 75% of acct and 2nd position 75% of acct...2nd position open about 2/3 of the time)...uses a "system" based on a set of formulas and t/a
http://www.investorshub.com/boards/board.asp?board_id=1566

(4) POSITIONTRADER (MARC)...trades UOPIX (2x NDX long fund) and USPIX (-2x NDX short fund)...200+% gain since 10/9/02 (or approx 16-17% a month compounded) with 100% leverage by investing 100% of portfolio in the 2x NDX funds...uses a "system" based on t/a
http://www.investorshub.com/boards/read_msg.asp?message_id=948189


COMMENTS:

* KT achieved gains of 12% a month which is the best record on the list for a QQQ trader

*PAUL FAKLER achieved gains of 6% a month and may be deleted from the list given the fact that this 6% monthly gain overstates the actual gain due to multiple positions smaller than 50% of total acct

* WAHZ achieved gains of 10% a month but accounting for the average 125% position this translates into a gain of 8% a month (10% : 1.25 = 8%) which is also a superior record

* POSITIONTRADER achieved gains of 16-17% a month using 100% positions in Profunds NDX long and short leveraged (2x) funds which is an exceptionally superior record given the risk involved in those leveraged funds...in fact, I have yet to find another Profunds/Rydex trader with 10+% monthly compounded gains

Of interest are also these sites:

FUNDSwitch which trades Profunds NDX long and short leveraged (2x) funds and had gains of: 140% in 2000, 61% in 2001, 89% in 2002, 14% in 2003 (or approx 84% a year compounded) ...(the actual gains are actually somewhat higher as FUNDSwitch tables did not use compounding in their calculations)...FUNDSwitch uses a "system" based on t/a
http://www.fundswitch.com/performanceultra.htm

VTO which trades QQQ after the close (once a day)...the buy (sell) signal is generated when the NDX RSI(5) < 30 (NDX RSI(5) >50)...this long-only strategy produced gains in every single year since 1997 with the compounded gain of 277.4% since 1997 (or approx 23% a year compounded)
http://vtoreport.com/rsi.htm

COMMENTS:

* traders trading Profunds/Rydex should attempt to achieve gains at least exceeding those at FUNDSwitch since the FUNDSwitch site provides an inexpensive subscription allowing anyone to match the gains of FUNDSwitch

* traders trading mutual funds long only (401k etc) should attempt to achieve gains at least exceeding those at VTO since the VTO site provides free info on their buy and sell signals

* traders trading QQQ should attempt to achieve gains at least exceeding those of KT since KT provides real-time free info on his buy and sell signals through email

I will attempt to find more traders/sites with superior records in the future...