The offer of the free weekend report is now closed.
First off let me remind everyone you have until the market closes to register for the free weekend report.
If you requested the report but didn’t receive the information check your spam folder.
This offer will expire at the close of the market today.
Until the end of trading today I’m going to extend an offer to view the weekend report free. Simply email me ([email protected]) a request.
If you’re tired of making the same emotional mistakes over and over and you never make any long term sustainable gains this is your opportunity to try something different. Let me stress again that I’m not going to promise any ridiculous winning percentages of 90%, or make you 100% on your money in a month. I’m not going to try to con you into thinking I have a AI computer that can see the future. Those kind of offers are scams to get your money. If something sounds too good to be true it is. I’m just going to offer to teach you a system that over time produces long term sustainable gains.
Over the last three years the SMT metal portfolio has returned over 400%. Even so we’ve had plenty of losing trades along the way. But the system is robust and we are able to consistently recover from the losing trades.
Over the last three years the SMT stock portfolio has returned well over 200%. Again, we’ve had losing trades during this period, but the system over time produces long term sustainable gains.
If you like what you see and want to try a subscription I will offer a discount on the first month. This offer will only be good until the market closes on Tuesday and only to new subscribers and previous subscribers who made the mistake of canceling their subscription during a drawdown before they gave the system time to work.
Not much has changed on the leader board.
- Dale S +129% But taking a large drawdown on his current trade.
- Mustang Sally +90% But taking a large drawdown on her current trade
- Micheal G +81% But taking a large drawdown on his current trade
- Gill N +57%
- Darren R +38%
The SMT stock portfolio has completely recovered from the recent premature entry and is currently +27%.
The January results highlight why it’s hard to make money on the short side. The top three challengers made most of their money by shorting. 2018 was a very good year to short if you timed it correctly. However what very often happens is that traders hold onto their shorts too long and end up getting caught in a short squeeze when the bottom arrives sooner than they were anticipating. Emotions kick in and traders want to keep making easy money shorting. So they push the trade too long and end up fighting the advancing phase of a new intermediate cycle. This is how shorts often end up giving back all, or most of the profits they made on the way down.
It’s sexy to play both sides of the market, but it rarely works out to sustainable gains in the long run.
It’s tough to make money on the short side. Markets go down differently than they go up. If you don’t time bottoms almost perfectly you end up giving back most or all of your profits. The odds are over a 20-30 year trading career 90% you will end up losing more money shorting than you make.