Mad Hedge Fund Trader Closes 2013 With 67.45% Profit
The performance of the Mad Hedge Fund Trader?s Trade Alert Service finished 2013 with a total return for followers of 67.45%.
Including both open and closed trades, 75 out of the 90 Trade Alerts were profitable, a success rate of 83%. The final month of December alone came in at an eye popping 11.45%.
The three-year return is an eye popping 122.5%, compared to a far more modest increase for the Dow Average during the same period of only 35%.
That brings my averaged annualized return up to 39.7%.
This has been the best profit since my groundbreaking trade mentoring service was launched three years ago. It all is a matter of the harder I work, the luckier I get.
The hot streak continues. So far in January, we are up a further 3.58% in a down market. It seems like I can do no wrong, but am avoiding walking under ladders, breaking mirrors, and trading on Friday the 13th.
I held on to every risk on position during the two-week December correction, fully expecting the pause to become the springboard for a new run to all time highs by year-end. That is exactly what happened in the wake of the Federal Reserve?s decision to taper its quantitative easing program by only $10 billion a month, mere sofa change given the size of our bond market.
That sent off to the races my long positions in the Financials Select Sector SPDR (XLF), and the S&P 500 (SPY). I also piled into new longs in Energy Select Sector SPDR (XLE) and the Technology Select Sector SPDR (XLK). To spice things up, I also bought some Gilead Sciences (GILD), seeking to cash in on the windfall profits generated by Obamacare.
Only the Internet giant Softbank (SFTBY) has been boring, persistently hanging around my costs price. I cashed in two of my three short positions in the Japanese yen (FXY), which broke to new multiyear lows. I took profits on my shorts in the Treasury bond market (TLT), which crashed, then quickly jumped back in on the short side on the next rally.
This is how the pros do it, and you can too, if you wish.
Carving out the 2013 trades alone, 77 out of 92 have made money, a success rate of 83%. It is a track record that most big hedge funds would kill for.
My esteemed colleague, Mad Day Trader Jim Parker, has also been coining it. Since April, his own performance numbers have just come back from the auditors, revealing that he is up a staggering 300%.
The coming winter promises to deliver a harvest of new trading opportunities. The big driver will be a global synchronized recovery that promises to drive markets into the stratosphere in 2014. The Trade Alerts should be coming hot and heavy. Please join me on the gravy train. You will never get a better chance than this to make money for your personal account.
Global Trading Dispatch, my highly innovative and successful trade-mentoring program, earned a net return for readers of 40.17% in 2011 and 14.87% in 2012. The service includes my Trade Alert Service and my daily newsletter, the Diary of a Mad Hedge Fund Trader. You also get a real-time trading portfolio, an enormous trading idea database, and live biweekly strategy webinars.? Upgrade to Mad Hedge Fund Trader PRO and you will also receive Jim Parker?s Mad Day Trader service.
To subscribe, please go to my website at www.madhedgefundtrader.com, find the ?Global Trading Dispatch? box on the right, and click on the lime green ?SUBSCRIBE NOW? button.
