2007 Returns
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Dow + 6.4%
I have now made a double-digit return for the last 3 years:
2005 +13%
2006 +14%
2007 +22%
During these last 3 years, I traded my account using my exact system - as described in my book Stock Trading Riches.2006 +14%
2007 +22%
As I mention in my book, I mostly got my picks from Forbes magazine, with a couple choices from MSN and my own picks (i.e. Apple).
But, while the choice of stocks did influence the return, I credit the bulk of my longer term performance over the 3 years to my formula - which got me to buy low and sell high.
In fact, my system would, over time, generate a great return using a portfolio of randomly picked stocks.
Most technical trading systems depend on the market behaving in a certain way - i.e. trending, non-trending, or forming chart patterns.
My system only assumes one thing: In a portfolio of stocks, the stocks will fluctuate over time. That is it. My system turns your stocks into money pumps, and generates cash as each stock cycles up and down.
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