Why are you doing this? If you’ve “cracked the code” – so to speak – with Gann strategy, why not simply trade for yourself? GREG
In short, I always log the official entry and exit price of each recommendation based on the AVERAGE price over 20 minutes. ANCHOR And your subscribers absolutely love this… For example, we heard from John P. who wrote: “ Greg, I want to commend you in the strongest possible manner for using [the 20-minute average price] to calculate [your model portfolio] returns. So many other services use the price they saw 30 minutes before they sent out an alert and the same on the close, usually resulting in wildly different (worse) performance than those touted. In fact, that is the only reason I follow you – because of the honesty in the way you calculate trades that actually represents what readers can get, rather than a puffed up number that only exists on paper.” And Stephen G. writes: “ Greg, thank you for standing head and shoulders above all the other trading service promoters out there. No one comes close to your integrity and transparency!” GREG To put it simply… Whenever I make a recommendation, I don’t cherrypick the best price to inflate my performance. I allow 20 minutes on entry and exit to make sure that all of my subscribers have a fair chance of getting in – and out – at my recommended price. And keep in mind… In a volatile market, 20 minutes in the options market can make or break the performance of my model portfolio. But doing this makes it fair for all subscribers to see an accurate reflection of the trading setup I’m looking for. I don’t gamble. If there’s no trade setup and no easy way for my subscribers to get in at my recommended price, I don’t make a recommendation. Period. And of course, I always explain in detail exactly what I’m looking for in a trading opportunity, so there are no surprises. ANCHOR And of course… using a 20-minute average price means that sometimes, your subscribers can do even BETTER than the official gain in your model portfolio! GREG That’s very true. For example, I once heard from a subscriber who doubled his money on a trading play I recommended on Square, the banking company. Meanwhile, we only “officially” logged a 72% gain on that recommendation in our portfolio, because of the 20-minute rule. And in June, I logged a 179% gain on FedEx, and then heard from a reader who said he made 336% on the exact same trade! In other words… All the 100% gains we’ve talked about today… those numbers could have been even HIGHER if I’d based my entry and exit price on the metrics everybody else in our industry uses. But that’s not fair to you, so I don’t do it. Plus, this policy makes sure you never “miss” a trade.
I love sharing my thoughts with other people. And I mean literally every single thought , Tom.
Frankly, some people think I’m obsessive about following every little rise and dip in the market, but I can’t help it. Back when I traded for Lockheed Martin’s pension fund… my job was to send insights to my Chief Investment Officer all day long. Like the time I emailed him on September 18, 2013 at 4:29 p.m., pre-
dicting the S&P 500 would soon embark on a “runaway bull market.”
Sure enough, we saw the longest bull market in history… Or the time I emailed him on May 8, 2013 at 10:28 a.m., predicting that FedEx would “hit new all-time highs and continue to $130.” Once again, that’s exactly what happened… ANCHOR
Gotcha. So now… instead of sharing your strategy with a handful of Wall Street executives… you’re sharing it with thousands of every- day folks who are looking to make more money. GREG It’s a nonstop job, but I love it. Back when I worked on Wall Street, I’d get to the office at 1 a.m. and trade for 12 straight hours. Today, I’m still hooked. My wife has to constantly tell me to shut off my computers and join her and our two young children for dinner. I look at markets around the world 24/7 to get a sense of what’s happening. Futures… soybeans… the Japanese yen... you name it. ANCHOR Greg, speaking of how hard you work to share this strategy… I’ve heard that you go one step further to ensure your readers are happy. Something that NO OTHER TRADING ANALYST in our industry is doing, so far as we know. Can you talk about that? GREG To make sure I’m working on YOUR behalf… I do something a bit unusual. Something a lot of folks think I’m crazy to be doing.
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