Currencies Monitor | Home | The TEd Spread: A Permanently High Plateau

March 28, 2008


Further Inducement to Subscribe to the Box’s Trade Ideas

Starting in April, I am going to offer a “performance guarantee” to subscribers of the trading ideas generated by the Box. Here’s how it will work: if the “with the trend” ideas do not produce a cumulative, positive R result for the month, as I account for those results, then subscribers will receive a full credit towards receiving the next month’s ideas. Does that make sense? Are you excited? Go ahead and subscribe, what do you have to lose? :-)

UPDATE (May 1, 2008): PERFORMANCE GUARANTEE REVOKED; SUFFERING FROM OVER-CONFIDENCE BIAS WHEN I OFFERED IT. :-)

A look at another recent idea, a short in the Regional Bank ETF (KRE), generated by the Box:

KRE setup

Everything is clear: entry level, initial protective stop level, targets, risk management. You get it all, no guesswork. Simple, straightforward set-ups that offer decent risk/reward — beautiful.

KRE

Price has closed beyond the 1x initial risk level, so the initial protective stop should be moved to breakeven, making this trade a scratch at worst.

Friday evening UPDATE: KRE continues to go kre…unch.

KRE

This entry was posted on Friday, March 28th, 2008 at 7:55 am (utc+8) and is filed under The_Box.

3 Responses to “Further Inducement to Subscribe to the Box’s Trade Ideas”

  1. gurlate said:
    March 29th, 2008 at 8:32 pm

    great stuff.. mao do you also do day trading? what is your view on that?
    thx

  2. nsdq said:
    March 29th, 2008 at 9:07 pm

    do we just enter $19.95 in the paypal page because it’s set to $0

  3. C. Maoxian said:
    March 29th, 2008 at 10:07 pm

    @gurlate: I used to day trade full time but haven’t for many years now. I’m much more comfortable day trading than swing trading, but it’s a personality thing.

    @nsdq: Just enter $19.95 … I should make it so it defaults to $19.95 but I’m not technically savvy enough to do so. Thanks for your interest.

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