TRADING WISDOM

 

"The elements of good trading are: 1) cutting losses, 2) cutting losses, and 3) cutting losses. If you can follow these three rules, you may have a chance."

 ~ Ed Seykota

 

"The market can remain irrational longer than you can remain solvent."

~ John M. Keynes

 

 "If you trade without a stop-loss, eventually the markets will stop you from trading by creating permanent losses that can never be recovered."

~ John DiCecco (TrendCharts)

 

"Economists have correctly predicted nine of the last five recessions."

~ Paul Sameulson

 

"Trend following is an exercise in observing and responding to the ever-present moment of now."

~ Ed Seykota

 

"Risk comes from not knowing what you're doing."

~ Warren Buffet

 

"When a position is moving in the direction of your trade, do the opposite of fear; but when a position is moving against the direction of your trade, do the opposite of hope."

 ~ John DiCecco (TrendCharts)

 

"As a general rule (when trading), avoid those things that give you comfort; it's usually a false comfort."

 ~ William Eckhardt

 

Trades of the Year (2012)

 

LONG Parkland Fuel (PKI)

On May 11, 2012 TrendCharts generated a Bullish Trade Signal for PKI. 

We received an Exit Signal for the trade on September 28, 2012 and closed out the position on October 1, 2012.

The gain on the trade was 23.78%. 

 

LONG Athabasca Oil (ATH)

On July 6, 2012 TrendCharts generated a Bullish Trade Signal for ATH. 

We received an Exit Signal for the trade on September 28, 2012 and closed out the position on October 1, 2012.

The gain on the trade was 13.64%. 

 

LONG eBay Inc (EBAY)

On June 22, 2012 TrendCharts generated a Bullish Trade Signal for EBAY. 

We received an Exit Signal for the trade on September 28, 2012 and closed out the position on October 1, 2012.

The gain on the trade was 15.40%. 

 

LONG Germany (EWG)

On August  3, 2012 TrendCharts generated a Bullish Trade Signal for the German equity market. 

We received an Exit Signal for the trade on September 21, 2012 and closed out the position on September 24, 2012.

The gain on the trade was 11.54%. 

 

LONG Progress Energy Resources (PRQ-CDN)

On June 8, 2012 TrendCharts generated a Bullish Trade Signal for PRQ. 

On June 28, 2012 Petronas announced that it had struck a $5.5 billion takeover deal with Progress Energy Resources. Although TrendCharts correctly identified the bullish momentum in the stock on June 8, the timing of company takeovers is mostly a function of luck. But we will gladly accept lucky breaks any time they are presented to us. We closed out the trade on June 28. .

The gain on the trade was 80.99%. 

 

LONG Apple, Inc. (AAPL)

On December 23, 2011 TrendCharts generated a Bullish Trade Signal for AAPL. 

We received an Exit Signal for the trade on April 20 , 2012 and closed out the position on April 23, 2012 (we always execute trades on the next trading day following the trade signal).

The gain on the trade was 42.44%. 

  

LONG US Homebuilders (ITB)

On December 2, 2011 TrendCharts generated a Bullish Trade Signal for US Homebuilders via ITB (US Homebuilders ETF).

We received an Exit Signal for the trade on March 2, 2012 and closed out the position on March 5, 2012 (we always execute trades on the next trading day following the trade signal).

The gain on the trade was 15.90%. 

 

LONG Gaming Stocks (BJK)

On January 13, 2012 TrendCharts generated a Bullish Trade Signal for US Homebuilders via BJK.

TrendCharts generated an Exit Signal for the trade on May 4, 2012. 

The trade was closed out on May 7, 2012 for a gain of 14.45%.

  

LONG US Biotech (IBB)

On December 3, 2012 TrendCharts generated a Bullish Trade Signal on US Biotech companies via IBB.

We received an Exit Signal for the trade on April 13, 2012 and closed out the position on April 16, 2012 (we always execute trades on the next trading day following the trade signal).

The gain on the trade was 14.19%.

 

LONG US Financials (XLF)

On January 6, 2012 TrendCharts generated a Bullish Trade Signal on US Financial companies via XLF.

We received an Exit Signal for the trade on April 13, 2012 and closed out the position on April 16, 2012 (we always execute trades on the next trading day following the trade signal).

The gain on the trade was 12.42%.

 

LONG Nasdaq 100 (QQQ)

On January 7, 2012 TrendCharts generated a Bullish Trade Signal on the Nasdaq 100 via QQQ.

We received an Exit Signal for the trade on April 20, 2012 and closed out the position on April 23, 2012 (we always execute trades on the next trading day following the trade signal).

The gain on the trade was 11.29%.

  

LONG Timber ETF (CUT)

On January 13, 2012 TrendCharts generated a Bullish Trade Signal for Timber companies via CUT (Timber ETF).

We received an Exit Signal for the trade on March 23, 2012 and closed out the position on March 26, 2012 (we always execute trades on the next trading day following the trade signal).

The gain on the trade was 9.47%.

 

LONG US Retail (RTH)

TrendCharts generated a Bullish Buy Signal for US Retail stocks via RTH on December 2, 2011.

The model generated an Exit Signal for the position on May 11, 2012.

The trade was closed out on May 14, 2012 for a gain of 9.90%.

 

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