3 Free Systems This Week

Mar. 6, 2023

Why do I give away free systems?

Two reasons.

One, most of the free systems on the internet and YouTube are lousy. They only work in very recent data or they don’t work at all. There’s almost nothing out there that will last. And that stinks.

I still get excited when I see a video posted about a trading system. I still get angry when it’s garbage.

I don’t want other people to feel that.

Two, I want to embarrass index funds. I hate the misinformation surrounding them and I hate the pompous attitude of those who loudly endorse them.

But index fund advice is free.

Therefore, I need some trading systems to be free.

Why then do I sell robots? Because getting paid for the systems I’ve worked hundreds of hours on helps me finance the research and development of more systems.

More than that, the key to trading is long-term consistency. We care more about systems we buy than systems that are free. So, if I charge, the chances are much higher that that system will work.

Last, I give away the details for free, but the automation does cost money. You can do it yourself–and that’s great–but if you ever want a free system automated, I do charge for that.

Enough about that. Let’s talk about the methodologies.

What’s interesting about these three is that I really would like to trade them. But I’m notoriously slow to change and historically risk-averse. I would love to have you tell me how dumb I am and that I should start trading these immediately.

Or you could make some money with any of them and slap me in the face with a stack of hundreds.

Here’s the first one, and I think we’ve mentioned it before.

The details:

The End of the Month System

Long Only: If the date is greater than or equal to the 28th (and less than the 1st of the next month), Long entries are allowed.

Entry: Price must close above the 100 SMA on a Daily chart.

Target: $750 per 1 contract

Stop: $3,000 per 1 contract

Exit: If price closes below the SMA, then exit that bar on the close.

For me, I’ve only been watching it on the Russell Futures Contract, @RTY. How has this system done in a Bear Market?

Terrible, right?

Nope.

Here are the most recent trades:

And here’s the Equity Curve since 2002:

I feel really stupid not trading this.

Feel free to mock me.

We’ll look at a daytrading system in the next Newsletter.

Talk soon.

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Disclaimer:
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these sites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.