Recently a FullyInformed Member wrote to me regarding her success with the Trading For Pennies Strategy on both the IWM ETF and the SPY ETF . After a period of 5 trading days during which she engaged in 16 trades, Susan earned $6460. Susan has allowed me to post her spreadsheet to view and study by paid FullyInformed members who are following this strategy. In particular you can note her mistakes. Here is her email. Susan is not her real name.
Trading For Pennies Strategy Trades Results
“I thought I would let you know that after my first 5 trading days using the “Pennies” strategy that I have made $6460 excluding commissions. This was done on 16 trades. This includes several rookie mistakes.
I’ve found thus far that following your “rules” has worked out very well in this market. I’ve also found that I’m learning about what I’m prone to do or not do that you’ve recommended. The hardest thing for me is to know when to get out of a trade before it gets too big. I have 3 trades that I have not concluded but am confident they will become profitable as I have faith in our governments ability to create a crisis in the next few weeks. I am not defending my now “investment” trades but have learned from them. I’ve also found it difficult to act immediately when the trade moves against me a few cents. By this I mean creating a setup on my screen that lets me send the trade off immediately. So far my patience has been rewarded for the most part in this market. Thank you again. (Susan)”
Review Trading For Pennies Strategy Results
For FullyInformed Members interested in the Trading For Pennies strategy they can directly access this article through this link, or Members can login here. Non-members can join here.
Trading For Pennies Strategy With IWM ETF Links For Members
The Trading For Pennies Index Page (A Great Place To Start Understanding This Strategy)
The Trading For Pennies Strategy Explained (Learn the Strategy Here)
Different Trading Platform Settings
Trading For Pennies Trade Alerts (trade alerts as they happened)
Trading For Pennies Strategy Trades For 2013
Trading For Pennies Strategy Trades For 2012
Other Articles About This Strategy
FullyInformed Members Questions And Comments
Frequently Asked Questions About The Trading For Pennies Strategy