Slow Trader Fund Update

Slow Trader closed to any new funds until next year. Here are the amounts:

Snip20160305_1

For the sake of simplicity, percentage gain or loss refers to original funded amounts.

We are now ready for 2016. Our attention this year is on gold, silver, copper and crude oil. We will also trade from time-to-time the SPDR S&P 500 ETF fund (all sessions) and currency: namely the Euro against the US dollar. We may trade the occasional stock.

We have an excellent short signal developing for silver. That is, we consider silver will drop again in price. Signals for each of our commodities happen no more than a couple of times a year. Therefore, when we get them, we need to take full advantage.

The S&P and EUR/USD are not cyclical like the commodities – therefore we will trade these via lower time frame charts (one or four-hour chart and, occasionally, as low as the 15-minute chart).

Commodities are traded through daily charts and in conjunction with the COT report.

For those building funds for grandkids, or looking to buy the Aston Martin DB11 – then here we go!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.