Second May Trade

 The following information is for educational and entertainment purposes only. Rio Verde Trading and the author make no claim that anyone can or will achieve similar results in their trading.

May 5: Yesterdays setup is confirmed today, bought to open 40 SPY at 204.92.

May 6: Todays sell signal has me selling to close 40 SPY at 205.82.

Net Profit $32.00, ROI 0.51%.

Another profitable if unspectacular trade. I came upon the following comment when reading a post at King World News. This may help to explain the underperformance of The 74% Solution trading system which has plagued me for the past year or more.

“Even though it was essentially unchanged, during the year the S&P moved as much as 18% from high to low. That seems like a lot of movement for not much gain, but in the grand scheme of things, that 18% range is among the tightest in history.”

No big moves, no big gains, makes sense. The full article is titled What Will Happen When Central Planners Finally Lose Control? and can be read here.