Market Direction Portfolio Update and Strategy Review for May 16 2014

The market direction portfolio is now up 37% following being stopped out this morning on my shares of SQQQ which is the Ultra-Short 3X NASDAQ 100 ETF.  The past two days has seen a lot of action so I thought I would update the trades so far.

The market direction has continued to remain choppy. There have been very few days when the market direction can be traded by simply buying either market direction and then setting a stop-loss at the close of the day. If an investor attempted this my back-testing proves that it results in consistent small losses and /or profits. But overall the returns are poor. In most instances the only way to achieve the returns I am presently making is through having access during the day and then setting the stops during the day. This results in being stopped out intraday almost daily but the returns are almost always profitable.

I am back-testing two other strategies for those without continual access to the markets. I should have some results shortly.

Meanwhile for FullyInformed USA Members here are the latest updates and a review of the past few days in the market direction portfolio.Market Direction Portfolio Update and ReviewFullyInformed USA Members can can read the latest updates directly through this link or they can sign in to the full site here. Non-members can join here.

Market Direction Internal Links

Profiting From Understanding Market Direction (Articles Index)

How I Use Market Timing

How I Use Market Timing

Understanding Short-Term Signals

Various Market Timing Systems

Market Direction Portfolio Trades (Members)

Market Direction External Links

Market Direction

IWM ETF Russell 2000 Fund Info

Market Direction

SPY ETF 500 Fund Info