Almost 7 Points In Two Days? It Can Be Done…Read On
A near 7-point profit in just 2 days!
Here at the
TradingMarkets Swing Trading College, we actually trade the signals our
systems generate…with real money! Let’s review: Prior to the opening on
Thursday, June 23, Fedex
(
FDX |
Quote |
Chart |
News |
PowerRating)reported their fourth quarter earnings – a 9%
increase from the previous year. Unfortunately, these results were well below
Wall Street’s expectations and the stock proceeded to open down -2.37 points.
The amazing thing about this scenario is that the Swing Trading College live
account was already short the stock, without any previous knowledge of the
earnings. You see, as systematic traders, we pay no attention to outside
influences.
To reiterate, the
company didn’t call us up with any advanced warning the day before earnings were
to be announced. Rather, on Tuesday, June 21, our proprietary R4 Method issued a
Sell Short signal in FDX, prompting us to go short the stock the next day. On
the opening on June 22, the Swing Trading College live account went short FDX at
88.44. On the close of Thursday, June 23, an exit signal was issued, prompting
us to cover our short position on the opening of the next day. We exited the
trade this morning, Friday, June 24 at 81.50, leaving us with a total gain of
+6.94 points in just 2 days. As a reminder, we had real capital on the line.
As systematic
traders, our confidence lies in the fact of knowing that all of our methods have
been quantified through years of extensive back testing and research. Therefore,
all that is required of us is to simply follow the clear and concise entry and
exit rules. This is just one of the many systems we provide and teach you in the
TradingMarkets Swing Trading College. What we teach at the College are
solid, concise methods backed by institutional quality research. We empower you
with this knowledge in order to protect your trading from being influenced by
nothing more than guesswork. Good luck and good trading.
Steve Primo
stevep@tradingmarkets.com