We’re PULLING the SST… Permanently!

Sad, but true! All good things must come to an end…

…this is your FINAL CHANCE at getting the Seven Summits Trader!

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** August 16th, 2012: Final Release Party **
~~ > Click Here for 12pm Final Release Party!
~~ > Click Here for 6pm Final Release Party!

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The Seven Summits Trader has had a tremendous track record, dating back to TWO (2) whole years. This system is killing it on the Forex and Futures markets and you’ve got to SEE how it deals with Stocks & Options (it’s nothing short of jaw-dropping!).

But we’re fast approaching our MAX QUOTA for the Seven Summits Trader, and that means we’ll have to *pull it* from public release… permanently.

If you’ve EVER been interested in the Seven Summits Trader (aka: SIMPLE day trading that gets you in and out of the markets lickity-split), you must come to our Final Release Party Webinar happening August 16th at 12pm and 6pm Eastern!

We’ve planned some pretty impressive festivities and doing things we’ve NEVER DONE before in any other release… oh yea, we’re going all out!

Join us as we celebrate and send the SST off in style…

** August 16th, 2012: Final Release Party **
~~ > Click Here for 12pm Final Release Party!
~~ > Click Here for 6pm Final Release Party!

Good Trading,

Mark & TJ
Seven Summits Trader

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Markets are Slow, but There are Still Profits to be Had

  • Russell eMini is an Excellent Sample Market
  • SST Shows-off Over Two Years of Daytrade History
  • 2010 over +430 Points
  • 2011 over +450 Points
  • 2012 over +220 Points and on Track for Another +400 Point Year!

With July coming to a close, traders can see that as slow as the markets have been lately, they seem to have slowed down even more this summer.  August is always a sleepy month for the markets but I suspect THIS August will put many traders to sleep in their chairs.  Watch out, though.  The markets will lull you to sleep and then wake you up with a burst of energy, knocking you right off of your chair.  The alert and disciplined SST Trader will be ready to take advantage of these moves.

Today was a great example.  The markets had been slow all week, but today, mostly due to comments out of the ECB, markets were trading in a maniacal fashion during the early part of the session.  It’s a challenging week with FOMC statements this week, along with its European counterparts asserting themselves, as well.  Moreover, there are important economic reports all week and Non-Farm Payroll this Friday (Tomorrow).  It will be very interesting, to say the least.

The SST has actually prospered through the slow months of August.  On our Two Year Anniversary, we are beginning our third August with the SST.  I’ve been tracking our Russell eMini trades since April 2010.  The Russell is a good test market because it goes through so many ‘personality shifts.’  It’s a great proxy for the markets in general.  It can put you to sleep, slap you in the face, take your breath away, make you cry, make you smile, and everything in between.  More importantly, it can make you a lot of money throughout its various Dr. Jeckyl/Mr. Hyde personality shifts.

We’ve created quite a track record on this market with the SST.  In August 2010, the tradeplan that we teach and trade in the traderoom did +56.7 points with our two position approach.  The same approach we are still using today.  That’s real money at $100 per point.  We continued to rack up the profits upon releasing the SST for the first time that month, up until the end of the year, when we finished with over +400 points (since April of 2010 when we began using it in the traderoom prior to the public release).

In August of 2011, the month of our First Anniversary, we did even better.  We closed the month with +80.9 points!  Happy Anniversary!!  In fact, for the most part, we have done very well from April onwards during 2010 and 2011.  And so far, 2012 is shaping up to be another banner year, unfolding much the same way.

I predicted at the beginning of this year that we would gain over +400 points again using the exact same tradeplan with the Russell eMini.  By the end of March, I was thinking I had made a mistake.  March has been tough three years in a row, and this past March was no different.  Alas, even the best tradeplans will go through a tough month every once in a while.  We guard against that with the other aspects of the Seven Summits Trader and the system itself is always fast to recover.

That was then though, and this is now.  Looking in the rear view mirror, I can see a speed bump in the road, that was March, but it is getting smaller and smaller.  It looks a lot different from this point in time.  We are now at all time profit levels for the lifetime of this tradeplan as well as for 2012.  We gained +9 points on Tuesday, and had a nice quick session today with a nifty +2.3 after a very small loss yesterday (-1.2).  We did +17.5 points last week, and are up +66.4 points for the month of July, 2012.  More importantly, as I said, we are sitting at all time profit levels with +221 points for the year and I am feeling pretty good about my earlier prediction.  We are on track for another +400 point year!

I realize there are many more markets than just the Russell eMini.  The good news is that we are doing great with them as well.  In subsequent posts, we’ll look at other markets.  As I said, markets are slow, but there are profits to be had.  We’ll look at some of the best forex markets next.

Also, I’m going to be leaking news on some of the latest additions to the powerful SST Pro Calculator, which is the tool that does all the heavy lifting for us, showing us every trade setup clearly and concisely on the chart.  We have added powerful new filters that are helping increase profitability across many different markets.  Check back for details.

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Diversification Wins the Day

Diversification is one of the most powerful tools you have going for you as a trader.  Having a good, proven tradeplan on multiple markets will do more for your profitability than just about anything else.  The trick is to have tradeplans that are uncorrelated to one another, can be traded without interferring with one another, and that each have its own winning edge in the market.  This is one of the main ingredients to success as a trader.

Take today, for example.  There were so many forces stacked against us in the markets today; FOMC Statement, Non-Farm Payroll coming up in 2 days, Crude Oil Inventory Release (for Crude Traders) and how about the fact that it is the oficial first dawg day of August.  Before the session even started we already knew that we wanted to limit our trading.  Most of us either traded with a ‘one and done’ approach or at least, limited our trading to just the first 30 or 60 minutes, depending on one’s own tradeplan.

We have a nice diversified mix of markets in the traderoom.  On the futures side, we trade Crude Oil Futures, the Russell eMini and Wheat Futures.  These are three great markets, that meet the criteria I listed above.  They each have their own tradeplan, they are uncorrelated, they can be traded in a way where they won’t interfere with one another, and they each have their own winning edge in the market.  Traders who put today’s session in its proper context and who didn’t try to ‘over achieve,’ and in fact, lowered their expectations by limiting their trading as I just described, ended up with a positive session.

Crude Oil should have been one and done or at least, one should have definitely reduced the number of their trades.  With the Crude Inventory Report slated to come out later, CL was a very tight market today.  The result was a small loss in that market.  I only trade CL the first 30 minutes each day so as to make room for the Russell.  Remember, one can’t interfere with the other and I have to call live trades too, so I limit my CL to make room for the TF.  My net result on CL was -.16 (-$160) on two tightly contained trades.  Not so bad considering that is easily overcome.  One of the trades missed profitability by just one tick.

The Russell eMini also traded tight.  We had a small loss and a partial winner.  The net result was either slightly negative or slightly positive depending on how one traded it.  As for me, I was down -1.2 (-$120) with TF or, -.6 per 2 positions.

Enter Wheat Futures.  Well, to keep a short story short, Wheat jumped out of the gate with a beautiful +11.75 point trade that lasted about 3 minutes.  It then got into a 2nd trade which picked up a couple ticks and we were done in about 7 minutes.  Net result was +12.25 points for $612.50.

See Today’s Homerun Wheat Trade

Diversification wins the day.  The net result was +$332.50 with very minimal trading and a tiny time commitment.  Sure you have to back out trade costs but isn’t that always the case anyway?  This is a very tough week to trade but by keeping our trades contained, that is, taking what the market wanted to give us instead of trying to ‘over achieve,’ we were able to grow our accounts again today.

Each day will be different.  Each market dances to its own drummer and needs the time it needs to post its profits.  One day CL will hit the home run and the Russell will be marginal.  Wheat might even take a loss.  Other days, all three will win.  Rarely, all three will lose.  Definitely though, we will smooth our own ever increasing equity curves by merely being diversified with a great trade method, tradeplans, good trading markets and the discipline and professionalism to stick with the plan, which of course, is what we do each and every day.

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Futures Traders Posting Huge Gains with SST Pro; Record Profit Levels

Futures traders continue to hit the ball out of the park in our live trade room with the SST Pro.  After returning from an excellent family vacation, it has been nothing but cha ching a ling ding with our futures trades.

Crude Oil Futures has been the main star with 4 strong winning sessions in a row since my return.

  • Thu 7/19:  +.34 for $340
  • Fri 7/20:  +.82 for $820
  • Mon 7/23: +.76 for $670
  • Tue 7/24; +1.78 for $1,780

That’s $3,610 in just 4 sessions and only 17 trades, practically paying for the SST Pro 2 times over!  I have not yet had time to update the trades that occurred while on vacation but check back again. Once I get my spreadsheet updated I’ll post the results.

The same goes for the Russell, which I suspect has hit all time record profit levels.

  • Thu 7/19: +6.2 for $620
  • Fri 7/20:  +3.9 for $390
  • Mon 7/23: +1.8 for $180
  • Tue 7/24; +3.7 for $370

I suspect we are at all time record profit levels for the Russell 377 tick chart but I won’t know for sure until I update my spreadsheet with the trades that happened while I was away.  Stay tuned and I’ll let you know once I get that done.

By the way, our Russell 625 tick chart is also chugging along quite nicely.  Today it is up over +11.5 points, $1,150 so far, with the 2nd part of a profitable trade still trailing.

Wheat Futures also has been strong since I’ve been back, up +19.25 points for $962.50.

Forex has been kicking butt, too.  Not to be outdone, the EURUSD, even in light of its tight range trading of late, is up +107 pips over the last for days during the US morning session.  AUDJPY is also flying high, currently in a winning trade with its trailer picking up more, even as I type this post.  Today, it is up +55 pips and still going.

For a free look at the SST Pro, come take a test drive in our live traderoom.  You’ll find the sign up link at our parent site, www.NetPicks.com.

 

 

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Back from Vacation; SST Pro Going Strong with Excellent Summertime Profits

It was a great holiday but coming back was like beginning a whole new holiday all over again.  Trading can be so satisfying in its own right and that is exactly how it has been for us during my first two days back in the saddle.

I have yet to update my spreadsheets with the trades we typically take in the live traderoom these past few weeks.  I’ll be working on that little by little over the next several days.

Yesterday and today were excellent though with our main markets.  The Russell eMini has been on fire still, as we have seen this time of year since the SST went live.  Yesterday it won its first two trades, hitting our ‘power of quitting’ goals and ending the session in less than 30 minutes for a +6.2 points.  Today, it won its first two trades as well for +4.1.  Not a bad way to return to the business of trading after a wonderful vacation to the Caribbean.  +10.3 points in just 4 trades in two days.

Trading Crude Oil Futures was also like being on vacation.  Over the past 2 sessions, 4 trades for +1.64!  That’s $1,640 with just a brief session both yesterday and today.

The EURUSD, not to be outdone, won 4 out of 5 trades these past two days for a nice +128 pips in profit.

The SST Pro continues to rule the markets and will continue to do so.  Stay tuned for more.

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New Tradeplan Posted on SST Owner’s Club; End of Day Swingtrade Plan for CAT (Catepillar, Inc)

There are so many great stocks and ETFs to trade with the SST Pro.  End of Day charts make it very easy to follow an extensive list, keeping you as busy as you want to be.  CAT has been a very steady performer over the last 5 years and is worth taking a close look at.  It is very well balanced both from the long and short side, earning $488.39 per share in profits.  Options trading gives excellent percentage gains.

CAT 5 Yr Equity Curve (trading just the straight stock, you can see how a 3 position approach would have grown over the last 5 years.  This curve shows just ONE share per position.  Imagine trading options!  The growth would be HUGE!)

Our list of high performing end of day tradeplans continues to grow.  Moreover, our favorite daytrade plans are ALL hitting record profit levels both for the year and for the lifetime of the tradeplan.  There’s never been a better time to become an SST Pro Member.

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Russell eMini; Record Profit Levels Continually Being Blown Away with the SST

It was another ‘Chamber of Commerce’ day as one member put it, in the live traderoom today.  Winner, winner, Prime Rib dinner!  After a difficult March for the Russell eMini and a tough May for our Crude Oil 377 plan, the SST has proven itself yet again, with its resiliency and its uncanny ability to recover quickly and — with a strong punctuation point.  Here’s a brief recap of what we’ve been doing lately.

Russell eMini: This has been our flagship and longest running tradeplan, going for over 26 months now.  Today it went 3 for 3 with a +3.5 point session.  Yesterday it also was 3 for 3 gaining +4.5.  But that’s just a hint of the real story.  The real story is that as we opened 2012, it shot out of the starting gate stronger than its very strong 2011 finish.  Then in March, the market went into ‘nasty’ mode, and it hit the skids.  We experienced the hardest month since the tradeplan was released.  We already knew that this time of year had been a hard ride, both one and two year’s prior with this tradeplan.  But this time around it was particularly tough.  This scared off a lot of inexperienced traders, and who could blame them.  Unless you had the bigger SST vision (which would provide a support level of confidence necessary to ride out the storm) we gave back all of our gains for the year and even a little more.  That is always unpleasant and difficult to stay with, for sure.  Of course the lesson here might be to avoid the Russell eMini from mid Feb to mid April.  Plan your next vacation around that time period, in other words.  What a difference that would make to the annual results!

We’ve seen over the last few years that come April, things really start to heat up again for us with the Russell and the SST, so make sure you’re back by then!  This year was no different.  Since ending March, the Russell has been on its hottest winning streak yet, winning 74% of its trades and more importantly, gaining +151.6 points with a 1.94 profit factor.  That’s with our tight power of quitting approach.  It has put the March drawdown completely in the rear view mirror.  In fact, it is sitting at annual profit levels and all time record ‘lifetime’ profit levels.  We knew it was going to happen, but that didn’t make the dark sessions of March any easier.  Currently though, it has won 12 of the last 13 trades and 40 of the last 47 sessions!  It has a 100% weekly win rate over the past 9 weeks as well.  That’s how one hits new equity highs.  With a punctuation point! 

Another lesson to be learned is actually quite obvious if you think about it. And that is that there will always be a worst session of the year.  There will always be the worst week of the year.  And there will always be the worst month of the year.  Even the best tradeplans will have a bad month once in a while.  As traders, we need to plan for this and to understand what that could mean to your overall results.  The remedy of course, since we are all geniuses with 20:20 hindsight vision, is a small recipe of items:

  1. Bigger perspective which gives you the proper belief structure and confidence
  2. Adequate capital to trade your chosen market
  3. Diversification; when you struggle with a proven tradeplan, which doesn’t mean the tradeplan is BAD, only that it is having a set back, then you can rely on your other diverse tradeplans to support your equity levels
  4. Appropriate money management techniques
  5. Discipline and a non-negotiable professional approach to the markets.
  6. Reflection

Did I miss something?  I think that covers it.  I left a number 6 for you to ‘reflect’ upon this recipe, and if you’d like to add something, feel free to comment.

9 Week Equity Curve

We can pretty much say the same story with Crude Oil.  It had its difficulties too.  But it is back!  Again, a long time running tradeplan that has proven itself over and over again.  It too has broken out to new profit levels, putting the tough month of May behind it.  Today it gained +.94, which in case you don’t know, is +$940 on two trades.  Yesterday it won +.91 on three trades and is up $1850 for the week, winning 4 out of 5 trades.  Crude Oil is up +12.62 for the year, without the use of any money management strategy.  In other words, just the straight vanilla SST 2 position approach.  Today’s winners put it at record profit levels.

There are so many other great stories to talk about.  Our EURUSD 5 Minute chart is at record profit levels for the US session.  That’s quite a statement considering how low the range has been this year.  It is a very stable tradeplan, aggressively putting us in risk free positions, which has supported the equity growth.  Nearly HALF of this year’s trades have been breakeven trades which is why it continues to hit new profit levels, slowly but steadily.

Wheat Futures are also hitting on all cylinders, despite the change in the electronically traded trade hours.  Today we avoided an obvious addon short.  The art of trading can not be, nor should be avoided at times.  In so doing, we went two for two in 15 minutes, gaining +11.25 for over $550.  Yesterday we were one for one for +3.50.  Wheat has won the last 8 out of 9 trades for us.

Many of our newest swingtrade plans for stocks and ETFs are also humming along.  We’ve got winning positions on many of the newest tradeplans, including the QQQs, the Russia Fund RSX, our Corporate Bond ETF (HYG), Our India Fund (EPI), our Junk Bond Fund (JNK) and so many others.  Netflix (NFLX) just triggered long.  Google just had a winning GetBob short trade.  AutoDesk (ADSK) just went long, etc., etc.. 

That’s not to mention all the great forex trades too.  So many!  As the SST approaches its 2 year anniversary, we can feel pretty good to see it continue to prove itself, over and over again, standing the test of time and overcoming whatever short term hurdles the markets throw at it. 

There’s no way to win each and every trade.  There’s no such thing as the holy grail of perfect trading.  That’s a fool’s pursuit, really.  Send me $100 and I’ll sell you a map to the pot of gold at the end of the rainbow.  The good news is that we don’t need the holy grail to prosper as traders.  We just need a method that continues to work for us, by putting the odds in our favor on every trade.  As long as YOU the TRADER responsibly run your trading business, with discipline and correct fund allocation and management, YOU can be successful in this business and THAT is the real holy grail of trading.  MAKING MONEY!  The SST isn’t the only way.  But it IS a way, and a darn good way, at that..

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NetFlix (NFLX) Gains $862 per Share and 81% Win Percentage These Past 2 Years!

I just posted a new tradeplan to the SST Owner’s Club, showing a way to trade NFLX with End of Day Charts.  This tradeplan only requires a few minutes per day.  And it pays, big time.  I’ll be talking about this and many others this Tuesday.  In the meantime, Check out the chart of this last trade that gained +24.51 per share in just a couple weeks.  May 125 Puts gained $1955 each for only 10 cents on the dollar cost, locking down a whopping 109% return with minimal risk.  Check it out.

See Trade

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Disappointed with 111% Return? NASDAQ Emini ETF

Mar 54 Calls sold for $896; $472 Profit = 111% Return
55 Calls sold for $786; $436 Profit = 125% Return

Sure, we expected more but hey, triple digit returns are nothing to take for granted? 🙂

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Three New Exciting ETF Tradeplans Added Today to the SST Owner’s Club

Junk Bonds?  Really?  Well, why not.  Bars on a chart with buyers and sellers.  Who cares.  If the price moves, we’re interested.  Bond ETFs can be excellent moving charts and the JNK is a great example.  This new tradeplan has excellent stats, too.  The average winning trade made $1.78 while the avg losing trade only lose .62.  Not only that, since 2007 this tradeplan has won 73% of the time and sports a whopping +7.53 profit factor.  SST Pro End of Day Stock and ETF Swingtrade Plans are powerful and our collection is growing.  (The equity curves shown below represent 3 positions trading a single share each). 

JNK Equity Curve

I also added another single country fund, EPI, the Wisdom Tree India Earnings ETF and the DBC, a Commodilty Tracking ETF.  All three trade with large volume; millions of shares traded daily.  We can make double and triple percentage gains by simply trading slightly in the money calls and puts using the SST Pro as our guide on each of these daily charts.

EPI Equity Curve

DBC Equity Curve

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