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KING - And the rest is history... As they say... Here are a few very nice trades that the KING emini trading methodology would have pointed you to taken from just one trading day. On this day, in early January 2010, you could have taken a few trades that fall into the same category labeled as "FB." That's a conspiratorial acronym that only KING owners can figure out. There is a special document about this type of trade (or a setup, if you will), relatively recent as produced only after the release of KING to the public at large, but the trading setup in question is also mentioned in the KING manual.
Fig 3. Here 15 points would have easily been be possible, but if you were a bit more greedy (moderate greed in trading used intelligently is okay just like alcohol used in moderation is), you could have scored even 20-25 points.
Fig 4. A non-greedy trader (remember "the meek shall inherit the earth") would most likely have "inherited" 15 points, but the rest of us greedy sleazbols would still have gotten 5-10 points. (You can find lots of discussions about what "meek" means. I really like the definition of "strong but humble" or "strong but tame," although this is certainly not the most common meaning ascribed to this adjective, "weak" and "submissive", "gentle" at best, being the most common synonyms associated with "meek." It is interesting to observe that "tame" can be used to denote both "naturally unafraid" and "docile." Go figure...) In the still recent volatile past, trades like that would have generated 40-60 points in profit instead of the modest 15-20 points we are lucky to get these days. But this has nothing to do with KING. We really cannot control volatility. However, because of this decreased volatility there was no need to risk more that 10 ticks in any of the situations pictured above, which gives us a pretty decent reward to risk ratio of 1.5-2.0.
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Disclaimer: 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 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. |
| Copyright Waldemar Puszkarz © 2005-2010. |