This is the thread for the "3x Double Down Trading System".
This is not the discussion thread for this system. Only trading signals will be placed here in subsequent posts.
This system focuses on buying and selling 3x Leveraged Funds. Every trade tracked by the system historically (backtested, not live trades, so far) has resulted in a profit of approximately 10%, with no losses. A link to historical backtest information will be provided at a later time (I have it in spreadsheets, but takes me a while to organize and type it here).
Since the system methodology is to "double down", access to some significant cash reserves is required. First position is approx $1000, 2nd $2,000, 3rd $4,000, and so on. It is possible that you will need to have $127,000 available per fund. Based on historical backtests, the most that was ever actually needed, was $63,000 per fund (I have not correlated how the max needed in all funds together yet, more to come...). Most trades only involve $1,000-$15,000. Although, you may one day need to have $127,000 on hand for this system, it is not recommended that you store $127K under your mattress. Go ahead and invest it prudently until needed by this system. If you do not have $127,000 per fund, wait until position 2 to start investing (which in that case you will need to have $63,000 on hand), and invest in half the number of shares. Or position 3, you would need $31K on hand, 1/4 the number of shares. Position 4, you would need $15K on hand, 1/8. Position 5, you would need $7K on hand/ 1/16. Position 6, 3K, 1/32, Position 7 - $1K, 1/64.
Here is tutorial on how to use the system. Signals will be posted as follows:
UABC(1) Set limit order to buy 50 shares at $20.00.
This means to set a limit order in your brokerage account to buy 50 shares for $20.00. This will be the first buy position, denoted by the (1).
UABC(2) Set limit order to buy 150 shares at $13.50.
This means to set a limit order in your brokerage account to buy 150 shares for $13.50. This will be the 2nd buy position, denoted by the (2).
UABC Set limit order to sell at $18.00.
This means to set a limit order to sell all shares purchased (all positions) at $18.
Orders to follow in subsequent posts (be patient, will add more and more funds as I do some calculations).
Funds in the system so far (further explanations later):
UGAZ 3x bullish Natural Gas
DGAZ 3x bearish Natural Gas
UWTI 3x bullish Crude Oil
DWTI 3x bearish Crude Oil
This is not the discussion thread for this system. Only trading signals will be placed here in subsequent posts.
This system focuses on buying and selling 3x Leveraged Funds. Every trade tracked by the system historically (backtested, not live trades, so far) has resulted in a profit of approximately 10%, with no losses. A link to historical backtest information will be provided at a later time (I have it in spreadsheets, but takes me a while to organize and type it here).
Since the system methodology is to "double down", access to some significant cash reserves is required. First position is approx $1000, 2nd $2,000, 3rd $4,000, and so on. It is possible that you will need to have $127,000 available per fund. Based on historical backtests, the most that was ever actually needed, was $63,000 per fund (I have not correlated how the max needed in all funds together yet, more to come...). Most trades only involve $1,000-$15,000. Although, you may one day need to have $127,000 on hand for this system, it is not recommended that you store $127K under your mattress. Go ahead and invest it prudently until needed by this system. If you do not have $127,000 per fund, wait until position 2 to start investing (which in that case you will need to have $63,000 on hand), and invest in half the number of shares. Or position 3, you would need $31K on hand, 1/4 the number of shares. Position 4, you would need $15K on hand, 1/8. Position 5, you would need $7K on hand/ 1/16. Position 6, 3K, 1/32, Position 7 - $1K, 1/64.
Here is tutorial on how to use the system. Signals will be posted as follows:
UABC(1) Set limit order to buy 50 shares at $20.00.
This means to set a limit order in your brokerage account to buy 50 shares for $20.00. This will be the first buy position, denoted by the (1).
UABC(2) Set limit order to buy 150 shares at $13.50.
This means to set a limit order in your brokerage account to buy 150 shares for $13.50. This will be the 2nd buy position, denoted by the (2).
UABC Set limit order to sell at $18.00.
This means to set a limit order to sell all shares purchased (all positions) at $18.
Orders to follow in subsequent posts (be patient, will add more and more funds as I do some calculations).
Funds in the system so far (further explanations later):
UGAZ 3x bullish Natural Gas
DGAZ 3x bearish Natural Gas
UWTI 3x bullish Crude Oil
DWTI 3x bearish Crude Oil
Last edited by Virginiabob on Sat Jul 11, 2015 10:52 am; edited 2 times in total