I have done 4 trades so far this month. They are McDonalds, Lorillard, Airtran Holding and Safeway Inc. I think it is about time for me to give an update on their performance so far. Quick summary, I covered back McDonalds with a small profit. Lorillard was stopped due with almost break even price. Finally, I managed to book in a 30% and 20% profit on Airtran Holding and Safeway Inc respectively.
How did I book in profit within such a volatile market condition? Let’s check it out now!
As I mentioned yesterday that I was doing some back testing on some trading systems and I was surprised to see that one of the trading managed to achieve 60% ROI in merely 4 months period. I am now doing some optimization and sentivity analysis before I finalize and publish the result to share with you.
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The market is definitely in the down trending bearish market. I am sure no one will disagree with that. Indeed, there are lots of people losing lots of money in the bear market, however, do you know that you can also make a profit in the bear market as well?
I am now working on some back testing in order to develop a trading system for myself. I am indeed surprise with some of my back testing results to give me a almost 60% Return on Investment (ROI) in during the 4 month period from Jun 1 – Oct 1, 2008.
