Trading results week ending 30^th June 2008

There were some great results for our members this week, to the tune of $19,343.50. This means that our members who put on all the trades have increased their account by about $20,000, less the costs from their friendly commission hungry brokers.

Still that isnt too bad considering that the signals are easy to access and all you have to do is put the trades on. We are looking for another profitable week with the US market having Non farms and employment data out which will shake up the charts and create some nice opportunities.

Have a look at the results for each market in the chart below; we are actually very peeved at having a losing week with the DOW as this is our most consistent market historically.

Jimmys Blog - Dairy Entry 1

Hi Guys,

Luke has asked me to keep a daily trading journal as part of my probation period here at Tradewinr as he tells me it will improve my focus, trading performance and overall results.

Morning Session -
Feeling pretty good today, had a great night sleep and arrived in at work 10 minutes before the bell plenty of time to get ready for the trading day, based on my 6 Months of trading, not according to Luke. He has asked me to be brutally honest with my trading Journal; however I might hold back just a little as I am starting to enjoy my job here.

Afternoon Session -
Got off to a great start, order was placed correctly and had my first winner for the day just after lunch on the S&P500. Currently long the Dow and have taken points out of the Dax so looking pretty good after a couple of bad nights.

I will be updating my journal at least daily to share with you my experiences etc.

Later
Jimmy

We are excited to be releasing our new Forex Profit Finder signals system. After months of testing, our new system is ready to be launched. Here is a snap shot of our results:

To celebrate our launch, we are offering our first 100 people a 14 day free trial and discount on our membership rate.

Once you have signed up for your free trial, you will receive a username and password for the signals section of the Tradewinr site. Our winning signals will then be hitting your desktop commencing the start of the European session (3am New York Time) and the US session at 9:00am NY time).

Forex Results for period 1/1/2008 to 30/6/2008

European session

US session

Grab yourself a demo account and trade with us over the next two weeks. Every trade will be logged and recorded and results posted in our weekly newsletter. The idea here is that we will be looking for quick profits from the markets. Our FX trader is not interested in sitting in front of his screen all day.

Training the Trader, Edition 1

Welcome to our first edition of the happenings and misfortunes of our apprentice trader. The tradewinr team has a new member and he is learning the ropes of trading and so far it has not been without some hilarious events.

Last week was the first week that Jimmy has the floor to himself and traded a live account. It wasnt the best week for Jimmy as he slept through his first alarm on his first night which meant he missed the opening bell and with that also the first 2 winning trades. After a few phone calls from the boss Jimmy blamed the alarm clock and managed to get himself to his computer and get the next 2 trades on which went against him and became losers.

The rest of the week involved putting trades on and following our system. Young Jimmy put a few trades on short which should have been long and blames the platform because it is set up different to his platform at home.

Its not the best start for the young man so we can only go forward from here. Lets hope that the alarm is set and he is up and running!!! Stay tuned for the update during this week as Jimmy is trading the signals we post on the website, pretty easy to just follow the trades and put them on so our fingers are crossed.

Market Recap

Well good to be back into the swing of things, we will be bringing you our regular blog three times a week now that our website is fully functional again. If you have not taken the opportunity to check out our signals section live please do as it is the cornerstone of our website and is an excellent resource for our members.

I thought I would just give a brief overview of todays session and look at what is ahead for the remaining two days of trading. We had a mixed session today with blue chips continuing to decline though tech stocks see mild gains. The Dow ($INDU) fell 12.37 points to close the session at 12,390.48. The S&P 500 ($SPX) gave up just 0.45 points, closing at 1,377.20. The NASDAQ ($COMPQ) added 22.66 points to 2,503.14. Volume was moderate on the session with 1.33 billion shares traded on the NYSE and 2.21 billion shares exchanged on the Naz. Market breadth was negative on the Big Board by a 14-to-17 margin with the Naz positive by a 17-to-13 margin.

We had mostly positive economic news today with the ADP Employment report stronger than expected and the services sector of the economy expanding in May. At the same time, possible relief ahead as crude prices fell more than $2 despite a decline in weekly inventory levels. The ADP report showed a gain of 40,000 private sector jobs, which bodes well for Fridays employment report. However, it should be noted that the ADP data has been on average higher for the past few months. The ISM Non-Mfg. Survey was in expansion territory, rising a few points to 53.6. Another positive Wednesday was the better than expected reading in first quarter productivity at 2.6 percent growth.

Bond insurers took a hit today as Moodys put both Ambac (ABK) and MBIA (MBI) up for possible review for a credit downgrade. While both companies defended their capital positions, their shares fell 17 percent and 15.8 percent respectively. Lehman Brothers (LEH) was able to reverse course on the session, rising 2.6 percent. The Wall Street Journal reported that the company was looking overseas for possible funding. Nonetheless, LEH shares closed at $31.40, a sharp drop from their price just a month ago near $50.

Other big losers today included Verizon (VZ) which took a hit of one percent after rumors surfaced that the company was in talks to buy Alltel for as much as $27 billion. Alltel was taken private last year by private investors for $27.5 billion. Alltel is the fifth largest wireless provided, so if acquired by VZ, Verizon would have more than 80 million customers, nearly 10 million more than AT&T (T).

Technically we are sitting back below the 50-day moving average on the SPX, which is also consistent with where the Dow is positioned. Therefore Fridays Job number is shaping up to be a deal breaker and should give us some idea of the near term direction of the markets. Having said that, I believe that these markets will struggle to move higher into the summer based on the current health of the financial sector more on that later.

Great to be back with you and happy trading.

Tradewinr Team

Tradewinr Update

Fellow members the new signals interface is now up and running and is available to all paid members. There is a chance for non-members to get an inside as to how the interface works with the introduction of the 5 day free trial. We have been gathering feedback from current members and have taken all comments on board and have actually made some adjustments to the site after gathering this feedback. I'm happy to let you know that the market calendar will be completely up to date with all past trades by Friday this week.

It has been interesting to find out that quite a few members have been trading for less than 5 years. We have had a few members ask for advice on general trading habits and how not to let the emotion of trading play havoc with the rules set in place in their trading plan. I have really enjoyed reading some of the old mistakes that some of the first year traders have been making, for example putting a trade on without a stop 2 minutes before a news event and getting wiped out. It's not funny but a good lesson to learn as quickly as possible. Yes, I have made the same mistakes as I am sure we all have somewhere along the line. To try and make it a bit easier for traders who are still fine tuning their trading habits and or trading plan we have produced a very brief document with reference to a few simple tips which will improve trading consistency which usually leads to an increase in profits. This document will be uploaded to the members only trading resources section in the very near future.

Tradewinr has been producing winning signals with very strong results for the daily Dow prediction. This is our premier market and we have a larger number of members that follow the daily Dow prediction only. The usual signal time frames for the remaining markets being the EUR/USD Swing, S@P Swing and intra day and the Dax generally are live within the first 2 hours of the market opening, remembering that the Dax is on European time. We have found that the best results are likely to happen within the first hour or so of the market open. This doesn't apply for the swing trades as they are a longer term trade and will be uploaded as they unfold.
Enjoy your trading and please get to the new live interface and enjoy the simplest of trading signals.