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exp

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Posts 277
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Alias Born 03/18/2001

exp

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Re: None

Wednesday, 04/02/2003 5:34:10 PM

Wednesday, April 02, 2003 5:34:10 PM

Post# of 345
well, i am still competing (in my mind only? <ggg>) with the top 4 traders i have identified: one trades futures, another one is switching from trading options to trading futures, and these two trade qqq:
http://www.geocities.com/k_tieff/e/KT-QQQ-e.htm
http://www.investorshub.com/boards/board.asp?board_id=1566

KT trades qqq only once a day at the open while wahz trades intraday...KT trades 100% of acct while for wahz 1st position equals 75% of acct and 2nd position equals another 75% of acct so that he has 75%-150% of acct invested at any given time...
i am still assuming that trading profunds eod only should be competitive with the results of KT/wahz even though entering trades at the open or intraday gives one more info/flexibility...
still, their approx. 10% a month compounded returns in 2003 for 100% position trades without margin/leverage (equivalent to 20% a month in a 2x ndx fund) are likely to be the upper limit of what is achievable trading ndx/qqq...

i have not made a single profunds trade since the posted trade closed on 3/18 with 5% loss, mostly due to my additional extensive pattern analysis...
interestingly since 3/18 neither KT nor wahz have had a positive return (including open trades)...

as i posted earlier, trading during a war is NOT optimal imo especially for overnight holds...nevertheless, i am about to resume trading this week...hopefully, the international situation will get a bit clearer soon and stop dominating all other news...



exp system (#board-1623)

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