We closed our positions from the last signal at the open of 8/20/10. The results, taken solely in that context, are not pretty.
However, when looked at since we went live on 3/1/10, the performance appears much better.
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SPXTimer Performance Update – August 22, 2010
August 22nd, 2010 by Rich Day View Comments »I am receiving emails from excited members – but be careful
July 26th, 2010 by Rich Day View Comments »The members are sending me emails that indicate that they are very happy with the results of being invested using the SPXTimer.
Here is a composite of about three or four emails:
I am smiling. It is nice for a change to be winning instead of losing. We have been up for several days in a row!
I’d like to add more money to my position. What about a mid-signal entry now?
My answer: You should be close to having made enough money to skim some of your profits depending on the strategy you are following.
The reason we skim is to PROTECT the money that you have made.
Therefore, it doesn’t make sense to risk more money mid signal – that would be the opposite of skimming. If you would like to make more money, wait for the next fresh signal and invest more, at that time . It wouldn’t be prudent to add money at this time.
A suggestion: Some of our members make posts on the SPXTimer website. They post their questions, concerns and, more recently, glee there. This enables all the other members to be able to share in the knowledge. Although I like getting the emails, it is more productive to make posts or comment on other member’s posts. (I get notification via email when anyone posts on the site, so I won’t miss answering your questions or commenting on your thoughts. )
Neutral SPXTimer Signals Explained
July 24th, 2010 by Rich Day View Comments »Sometimes we get questions about why we show examples of returns with the SPXTimer using $10,000.
In our promotional material, we have indicated $10K is a good amount to invest, because that makes using SPXTimer available to a larger group of investors.
Certainly, there is no reason, I can think of, that would cause an upper investment dollar limit. This strategy is used by a hedge fund with many dollars to invest and it has worked successfully.
Don’t be concerned by the concept of “cash sitting around” during neutral periods. Historically, this is when any investment timer strategy fails the investor.
When there is no perceived or sustained trend, the market will whip one way and then the next. Each time it takes a bite of your equity. We have found that during the neutral signal times, you will do far better by not trading.
A ‘Market Timer’ is vital for investing, but using a market timer is not enough
July 23rd, 2010 by Dr Jay View Comments »
Iroquois Theater Fire, Chicago, 12/30/1903
Imagine the Manor Theater is on fire with people are running out and you hold a ticket for the thriller “The Girl Who Played With Fire”. If you want to survive do you run in or stay with the crowd? Investing is somewhat like that. When you try to go against the flow of the crowd your likelihood of survival is small. That is why a ‘Market Timer’ is so important.
In a down market, many investors add to their positions in the belief the market will not fall further. This is a serious error. There may be good reasons why the prices are falling.
When the market is in retreat, the prudent strategy is to:
- First, close your positions and wait for the market to reverse
- Next wait for your position to reverse.
A Market Timer will tell you when the market has reversed. Don’t pay attention to the pundits on TV. Often they are associated with a fund or an investment advisory service or they are simply speculating. It’s always to their advantage to say the market is going up.
It’s a little more difficult to determine if a position has reversed. Many tools are available for this:
- Moving Averages
- MACD
- Stochastics.
These tools are available, at no charge, on many web sites such as StockCharts.com . You will find many other indicators at these web sites.
Once you are back in the market a good ‘Money Management’ strategy is an absolute necessity. It is equally important to know when to sell as when to buy.
This video will show an example of how these pieces fit together.
Building a Safe, Simple, Winning Investment Strategy
July 21st, 2010 by jalea View Comments »Wouldn’t you love to see your investments grow at 30% per year?
How would you like over 75% of your trades being profitable?
Consider how fantastic it would be, to trade during bullish and bearish markets in your IRA.
What if it were also simple to follow?
Watch the video and learn the components of successful trading with only two ETFs.
Mid-Signal Entries – New Subscribers Need To Know
July 12th, 2010 by Rich Day View Comments »You have just subscribed to SPXTimer.com. You are excited to try out your new purchase and get on the train to success, wealth and happiness.
Wait a minute!
The market moves in cycles. You will want to enter at the appropriate time. This video explains how to determine if it is safe to get into the market.
Importance of Skimming
July 12th, 2010 by Dr Jay View Comments »Let’s consider 2 traders. Joan skims and Jack doesn’t. Each buys $10,000 of MZZ at $15.60 [641 shares].
Joan plans to follow the SPXTimer money management strategy for Ultras. Whenever the trade value grows over $11,000 [10%] she will sell enough shares to transfer $1,000 to the bank. If the trade value drops below $9,000, $1,000 will be withdrawn from the bank.
When the trade is placed, Joan calculates the stock prices that correspond to a 10% rise and fall is price.
How To Create A Post On SPXTimer
July 11th, 2010 by Rich Day View Comments »This video shows how to create a post on the SPXTimer website. Post questions, interesting articles, your thoughts, or just about anything you want to share about the market and investing.
If you are discussing the SPXTimer, then, please make your post private.
Chart Analysis – Trendlines & Divergence
July 11th, 2010 by Rich Day View Comments »This video discusses how to look at a chart an make some educated guesses.
Learn about how to draw interpret trendlines, and look for divergences between stock prices and volume trends.
How To Create A Comment To A Post
July 11th, 2010 by Rich Day View Comments »Learn how to enter a comment to a post that you see on SPXTimer.
This video illustrates how to do that.
View Comments »
Posted in Membership Training, Training Videos, Uncategorized
Tags: Comment video