TREND FOLLOWING:
It is not a place, it is a state of mind.
No prediction. No buy and hold, analysts, or news.
Trend following decision-making doesn't involve discretion, guesses, gut feelings, or hunches.
It's not day trading or buy and hope.
It doesn't involve passive indexing, in and out trading, or fundamental analysis.
No more 24-hour news cycles, daily turbulence, sensational hype or magic formulas either. Let go of the Holy Grails.
Trends exist everywhere, always coming and always going.
Markets are no different: They trend up and down.
Trend following never anticipates the beginning or end of a trend.
It only acts when the trend changes.
There is no need to figure out why a market is trending, just follow it.

IRON CONDORS:
The Iron Condor is an advanced options strategy that involves buying and holding four different options with different strike prices. The iron condor is constructed by holding a long and short position in two different strangle strategies. A strangle is created by buying or selling a call option and a put option with different strike prices, but the same expiration date. The potential for profit or loss is limited in this strategy because an offsetting strangle is positioned around the two options that make up the strangle at the middle strike prices.
Setup and adjustments are taught at our Trading Group.

Expiry:
2012-02-17 - 20 days
2012-03-16 - 48 days
2012-04-20 - 83 days
2012-05-18 - 111 days
2012-06-15 - 139 days

SPX/SPY (Trend Following) Bullish Percentage: 97.0% (Position: Long) [Updated Sundays]

Copyright 1998 - 2012 Robert Reister
All rights reserved.