The Big Picture As the Dow chart below illustrates, the market has been in a shallow downtrend from the early February lows through this past week. The intermediate term sell signal from February 2nd has yet to be reversed and the new system (which is covered exclusively by the FAQ's below) has generated sell signals on the SPY and many key individual stocks. The weight of the evidence favors the downside, including a pattern recognition Elliott Wave set-up of a series of 1-2 down's at two levels of trend. That is the most powerful pattern in EW theory and suggests a hard and fast 3rd of 3rd steep dive ahead. Every way I look at it the prognosis is negative, and as traders we have no choice but to respect it, unless and until these various trading tools start saying otherwise. Subscriber Access FAQ: How do I access the subscriber content? (applies to both new and existing subscribers) A: When you purchased your subscription, your email address was automatically added to our system. This email address will receive the trade alerts each day. (1) For access to the alerts via our website, you will need to create a login using the same email address you subscribed with. (2) To access your subscriber billing portal and manage your account, visit this page. New Trading Methodology FAQ: What is going on here? A: Instead of trying to identify reversals in trend, we are focused entirely on an existing, primary trend. No more whipsaws (well, not many). The way we do it is to wait for the inevitable counter-trends, whether they last a few days or a few weeks, then enter new trades back into the direction of the primary trend as soon as the retracement shows signs of abating. It is that trigger that lays at the heart of the trading system, a pattern recognition trigger that is completely new to our system, and extraordinary in its accuracy. FAQ: Where are the charts? A: The way I've decided to distribute the signals has made the charts less relevant to placing the actual trades. Nonetheless, I will be using charts on occasion to illustrate the new signals, or some esoteric point or another. All you need to trade this system are the signals/trades sent out in the daily updates during the first 30 minutes of trading, then exit at whatever profit level, 50%-75%-100%-150%-200% you feel gives you the most bang for your buck without undue risk. (See historical results here.) HP, our very first trade using this new method, hit +100% in just five trading days. I will be giving further profit taking guidance along the way. Our First Real Time Trade - Study This Chart Until You Get It FAQ: Where are the trading tables that list all of the current trades? A: The old tables were maintained automatically through Google Sheets with a live feed from Yahoo finance. We have had to scratch that system and go manual unitl we can set-up a similar table for the new trading rules. I'm keeping the tables manually and will send them out at least once a week until we can automate table maintenance at which time I hope to have a live up-to-date version on the website. For now, all of the new signals are listed in the table below. FAQ: Should I take all of the signals? A: Unlike the previous incarnation of this trading system, there is no, "take all trades" guideline. All of the 35 trading stocks have generated about the same level of success in consistently achieving their respective profit target levels. As a very general rule I would suggest that subscribers have a at least 5 trades on at any one time, and as one trade is closed via its profit target being hit, a new trade is added to take its place. Ten trades would be better and if you have nothing else to do but trade the markets, go all in. Remember, once a profit target is hit you are out of the trade, so even with 35 stocks this is an easy system to manage. FAQ: What is the average length of a trade? A: We've run the numbers and the "average" calendar days to the very best profit level of each individual trade is at 30 calendar days. We have not yet refined that down to the average number of days to say, 50%, or to 100% returns. We will get a better idea going forward. Final FAQ: If this system is so much better, why in the world would you lower prices? A: All current subscribers are hereby grandfathered in at $59/mo (or $599/yr). Annual prepays are having their subscriptions automatically lengthened to compensate for the lower pricing. As the real time track record takes hold, pricing is going up, a lot. I want to limit the number of people trading this system, but it has to prove itself first. Existing subscribers have shown great respect and support for my work, you are now protected both with your subscription and the lower price. A year from now I hope to have closed the subscription door and at a much steeper price point. CURRENT TRADES This table will be modified and expanded as we add more data points, including real time option pricing.
