copycatbth - honestly $10,000K is probably too low of an amount to trade the SPY with this system.  Let's say the system made 10% in a year so you made $1000 on your $10K, however when taking into account website membership fees you made no money for the year since you are spending about 1000 a year in membership fees.  Yes the system can have years where it makes 50% or 80%, but that's not the norm, the norm has been about 35% and there have been quite a few years where the system made less:  In 2005 the system made only 10%, in 2004 the system made only 15%, 2006 the system made 20%, even at 20% are only making 10% after your membership fees.  Again I think 10K is way too low to trade the SPY adequately for this system.

    You could use SSO or use margin, but you know how I feel about that, I don't support it and I don't think people should be using margin because they get into trouble with it. 

    Hi Matt, Thanks for the input

    Posted by copycatbth on 23rd of Oct 2011 at 12:27 pm

    Hi Matt,

    Thanks for the input (on 10k being to small amount) and for the 10% rule you added. I wanted to keep going with your SPY system, but I was wondering if it was worth another 600 dollars to continue.

    I apologize for adding the BPT membership into my calculations. Smile

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