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BBS Trading Expert
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Long Term Trading

In this part, I will publish articles about my personal experience with long-term trading techniques, applications and tools.

The first article is about a long term, low risk profitable trading with the SPY, the S&P500 tracker.

Long term, low risk high probability profitable trading with SPY?
Part 1:

If you do not have the time tracking many stocks to spread your risk, you can use an ETF (Exchange Traded Fund) like SPY, a tracker based on the S&P500 index. That way your risk is spread over 500 stocks. Of course you still need to apply money and risk management, meaning you would also use an initial and a trailing stop.

Long term, low risk high probability profitable trading with SPY?
Part 2:

Did price reach a low for wave 3 on November 21, 2008? Looking at the next weekly chart, apparently it did. At that point we can ask the question, up to what level will price react to complete wave 4?

Long term, low risk high probability profitable trading with SPY?
Part 3:

One day later, March 10 we have a confirmation of the turning point with a big white candle making up some kind of morning star candle pattern with the previous candles. Our buying price at the opening would still be OK. We can expect a first resistance at the level of the last exhaustion gap down.

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Long term S&P500 analysis September 2009

September 2, 2009. Looking at the S&P500 semi-logarithmic monthly chart since 1957, my Elliott count gives me a long term top for impulse wave [5] in 2007. This top was reached with a Fibonacci projection from the start and end of wave [1], exactly at the 1794% target, as did wave [3] already before.



Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

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