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Volatility impact on trades
ODDS Profit Hedge has a tendency where, after a huge spike in market
volatility, there is a period with a smaller number of trades. That is
what happened during the summer of 2009 after the gigantic spike in
volatility in late-2008 and early-2009. During the time frame after
that
record-setting volatility peak, the service had a 100% success rate. So
while the number of trades was reduced, the overall profit was gigantic
because, well, there were no losers!
As noted, this type
of behavior after a major spike in volatility is
normal. Looking back to 2003, which was preceded by the gigantic spikes
in volatility right after the September 11, 2001 and the nasty bear
market
in 2002, you had the same behavior. In last half of 2003 and the first
half of 2004, we did not have a lot of trades. But each and every trade
we did have was profitable. Profits like this:
This is the primary
reason why we have the guarantee(*) we have. We put
our money on the line by guaranteeing net profits while you’re a
subscriber. But that’s not the only guarantee. We also guarantee that
you will earn double the subscription fee, or the next year is free. So
even though we may have a spell where we don’t have a trade, you need
not
worry because if the trades aren’t sufficient to generate the kinds of
profits you expect, your next year is free!
* see Subscription
Agreement for details |
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About This Report
ODDS Profit Hedge is the first service of its kind. Yes, you
might get trade recommendations elsewhere, although no other service in
the world offers the kind of research we provide. But more than that,
what really sets us apart is how we provide specific allocation
instructions. Not only do we give you the trade, we tell you how many
contracts to utilize. The track record above takes into consideration
that allocation advice.
Our allocation is derived from volatility. Here's the concept --
simplified. As volatility rises, you reduce your allocation. As
volatility subsides, you increase your allocation. This is not new. In
fact, it's one of the main rules of the Original Turtle System. The key
is that we've adapted that concept to covered call trades. The result
is that our system was able to generate a profit in one of the worst
years of market history. That's why we call it ODDS Profit Hedge.
The table above provides details of our model portfolio from the time it
went "live". For the purpose of simplicity, we assumed the portfolio
began with a $50,000 starting value. The advisors did make some of
these trades during this period, but they did not enter every trade
shown. However, to give you an indication as to how the service would
have performed had you taken all the trades, the complete track record
is provided. As a result, some trades shown in this track record are
hypothetical. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN
INHERENT LIMITATIONS. For a complete description of those limitations,
please see the IMPORTANT RISK DISCLOSURE INFORMATION section at the
bottom of this web page: http://www.donfishback.com
Fishback Management & Research, Inc. 800-834-6488
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