28 Oct The Nasdaq Strategy Keeps Winning
The Nasdaq Strategy Keeps Winning
Oct. 28, 2024
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Almost two months ago, we talked about a Futures strategy on the Nasdaq (NQ) that I couldn’t resist.
But what usually happens when we finally go live on a brand-new strategy from a guru or our own creation?
It starts losing.
It’s a tale as old as time.
I was really excited about the strategy, though.
It’s a simple methodology designed to capture the stock market’s natural upward bias, but the exciting part for me was that the results have skyrocketed since 2018.
Check out the hypothetical Annual Returns since then:
In 2017, there wasn’t much movement– and then all heck broke out.
This is trading just 1 contract on a hypothetical $22,000 (to cover margin requirements). That would mean 2018 was almost a 100% gain, 2020 was more than 100%, and 2022 and 2023 were also massive.
Will that last forever?
Is it just an anomaly?
For me, that’s a long history of wildness to call it an anomaly. Six years of persistence is pretty darn persistent!
So that’s why I was excited.
And after watching it trade for a while, I finally made a video about it and went live in my account.
Which is just begging for a jinx. Right?
So here’s how it’s done since early September (when I made the video):
They’ve all been winners. No losing trades in the past several weeks.
Of course, that’s not entirely unexpected. As you may remember, this strategy has an 89% win rate.
But it’s still remarkable.
And here’s how 2024 has played out in comparison to the other years we looked at:
It’s been cranking along just like every other year since 2018.
Is this strategy perfect?
No, it’s not perfect.
It won’t do well if the average true range diminishes or if there’s slow downward movement in the index.
But it’s been hot in the past half-decade and this year has been no different.
To get all the details, here again is the link to the video.
(And Elite members get the code for free.)
Talk to you 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.