Gloe: Good Strategy for a young person.
RE:
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Best performing moving averages:
1-day moving average: +54,859%
Using a 1-day average would have returned nearly 55,000% since 1970, meaning $10,000 would have turned into a cool $5.5 million. Approximately 40% of the trades were winners, and the average winner was 1 1/2 times the average loser. Of course,
Of course, Since 1970 with nearly 4,000 trades in 33 years, you'd be establishing a new position roughly every other day, making you very popular with your broker.
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Using a Rydex account with unlimited trades with no commissions using the + and - Funds would elimate the transation costs. The 2X funds would make it 110,000%
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