Last 4 Places Now Available
May was a pretty tough month for everyone I know, with so many shocks hitting the market and causing instant reversals on what felt like an almost daily basis. It is difficult for any strategy to perform in such a wild and random environment.
We did not escape either and our swing trading strategy had its first losing month after 14 consecutive profitable months. We knew a losing month had to arrive at some time and it finally chose May! So that was our first losing month and our worst drawdown ever.
But I am pleased to say it still wasn’t a terrible drawdown. I am even more pleased that on checking my figures last night I discovered that in the first 2 weeks of June our relatively few trades (4 winners and 1 loser) have completely recovered that drawdown and taken us right back up to equity highs.
Once again this strategy has proven just how powerful it is and I have decided to make available 4 new places for serious traders who are interested in joining myself and my small group of friends who take these trades with me. Ideally I would like to take on 2 new members this month and 2 in July, as I work closely with each person until they are fully conversant with what we do and how we do it.
Before casting the net wider I would first like to offer these last 4 places to the readers of my newsletters. So if you would be interested in adding something extra to your current trading activities please have a look at the following website and drop me a line to let me know you are interested:
www.SeriousInvestmentReturns.com
This is a swing trading strategy with typically 6 to 12 trades per month and you need to be able to risk $1,000 – $1,500 on a trade as the majority of our trades have this sort of initial risk. There are some trades with initial risk of just $600 to $800 and also a few in the more volatile markets requiring a larger risk per trade (which I advise members to skip until they have built up a decent profit). Here is the cumulative profit and loss chart for our 152 trades from the day we started (in March 2009), right up to last night:
If you are interested to hear how I came to develop this strategy, or for that matter what you need to do to develop your own, then here is a recording of an interview last year that you may find interesting:
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