Your Trading Blog to May 8th, 2020 with a twist!

So, I have had an idea that is so clever you could put a nose and tail on it and call it a weasel!

Here it is: I have just finished editing a ground-breaking opus of a book, “Basic Trading: ‘A Beginner’s Guide to Trading and Investing…PROFITABLY!'” In that magnificent work there is a section that has been cleverly called, ” The Putting It All Together” section. In this bit, I have tracked the fortunes of five market instruments, trading them per the precepts of my almost biblical tome from January 1st, 2020 to April 30th, 2020.

It occurred to me, that with just minor adjustments, my theoretical portfolio could carry on where the book leaves off.

If someone has purchased my book – it could happen – they may find it helpful to watch trades unfold in close to real time. Well. at least in the next day or two.

The instruments are: S&P 500, Gold, Oil, 20 year treasuries, U.S. Dollar Index. We will look to the UP and DOWN ETFs for signals and detail them here.

On deck:

UUP + $27.26

UGL + $64.18

SSO + $114.78

The symbols noted above and their prices are stop-buys. If they trigger, a chart and all the details will appear here.

The portfolio started on January 1st, 2020 at $100,000. As of April 30th, 2020 it had risen to: $ 138,528.90.

I can send you a list of the trades that are responsible for this gain if you like; you don’t need to buy the book.

Just drop me a line at: charlesgoddard2020@gmail.com

That’s it for today. I will add anything that needs to be added due to this slight change as needed.

TTFN,

Charles

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