Trading Results Update

Thu, Apr 9, 2009

ASX Commentary

Its been awhile since we posted the results of the short term portfolio, affectionately known as Power Setups. These are 2 – 3 week swing trades designed for both bull and bear markets. We started this portfolio on January 1st 2008 and its now become one of the most popular portfolio’s for subscribers.

Here is the equity curve since inception:

Click to enlarge

Click to enlarge

Here are the trade statistics:

Click to enlarge

Click to enlarge

Another statistic that is not obvious in these tables is the trade frequency. From Jan 2008 through September 2008 we made 158 trades, yet from November 2009 to today we’ve made just 27. The reasons are several; the ban on short selling, the lack of stock being offered for short sale and a lack of liquidity. These conditions will change in due course and if we get a significant bear market bounce we’ll start to see a lot more trades filter in so we’re looking forward to the next 9-months into the end of the year.

We’re taking next week off over Easter so we look forward to getting back into it after the break.

Nick

Past results are no indication of future performance.

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This post was written by:

Nick Radge - who has written 894 posts on The Chartist.


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