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12 month money challenge (December 2014)

 

12 month money challenge – December 2014 update

December results are below. As you can see by the results less than half of December was a Buying situation. After Dec. 9th the entire month was Sell (Short) positions as I previously mentioned in October. Here’s a revision of that text – “The trade is still on the Wall Street Index but will be able to go Long or Short (follow the index up or down). Most people Buy shares or want the price to rise. You can also Sell shares and want the price to fall, so you can buy it back at a lower price. It can be a hard concept at first to get used to but it is the opposite to buying and is just as easy to do”.

Traditionally, the markets tend to trend upwards towards Xmas from early to mid December, so as you can see from the results this did not happen this year. That is why I’ve tried to design a trade which can cope with todays volatile markets.

December 2014

 

Results from chart data

 BUY

1/12 –  (31)

2/12 – 100

3/12 – 33

4/12 – (2)

5/12 – 71

8/12 – (100)

SELL 

9/12 – 71

10/12 – 251

11/12 – (100)

12/12 – 278

15/12 – (100)

16/12 – (100)

17/12 – (100)

18/12 – 442

19/12 – (100)

22/12 – 158

23/12 – 90

24/12 – 5

Total = 875 pts

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