The Trade Alert Service of Global Trading Dispatch, my market-beating trade mentoring service, is within a hair’s breadth of blasting through to a new all-time high. As of the end of September, the performance since inception stood at 61.03%, giving ecstatic followers an average annualized 33.3% return.
So far in 2012, nimble traders have picked up a 20.85% return, placing them in the top 1% of active hedge fund traders. That represents an outperformance of the Dow average of 10.8%, putting us in the upper echelons of long only managers as well. These stellar results come on the heels of a blockbuster September, which took in a net 4.62% profit.
The numbers were driven by aggressive long positions in Apple (AAPL), Google (GOOG), gold (GLD) and silver (SLV). I left some money on the table taking profits early mid-month to duck the event risk ahead of the Federal Reserve Open Market Committee meeting. Once Ben Bernanke gave us all a license to print more money, it was pedal to the metal on the long side. My final coup was an opportunistic short in oil (USO) which captured an immediate $6 on the downside.
For those who wish to get the trading education of a lifetime and subscribe to Global Trading Dispatch, I still have a few places available. The service includes text message alerts on urgent trading opportunities, deep background research in a daily newsletter, access to my online research database, and live biweekly strategy webinars. You can have all of this for only $3,000 a year.
To subscribe now, please click here. I look forward to working with you. Good luck and good trading.
The Mad Hedge Fund Trader
Trade Alert Service Since Inception