The Ripe Trade setup is a short term trade with rules that have stood the test of time. All entry prices are sent out to subscribers the night before and exit rules are clearly defined. An automated email alerts subscribers when trade entries are initiated. The trade setups typically last 2-3days and have high win rates with a high expectancy.
Ripe Trades
- Level 1 has a 76% win rate since 1991, on average 400 trades per year, the median monthly trade amount is 18 trades. Winning trades averaged 7% return , the average losing trade lost -8.7% the net average of all trades is a 3.4% profit.
- Level 2 has a 81.1% win rate since 1991, on average 78 trades per year, the median monthly trade amount is 4 trades. Winning trades averaged 12.9% return , the average losing trade lost -12.7% the net average of all trades is a 8.1% profit.
- Short trades have a 70.9% win rate since 1991,, on average 48 trades per year, the median monthly trade amount is 4 trades. Winning trades averaged 7.6% return , the average losing trade lost -10.7% the net average of all trades is a 2.47% profit.
It would be nearly impossible to take every trade that the system has recorded for example in October 2008 there was 486 trades and in August 2011 there was 280 trades! During months when the major indices get to very oversold levels the system would have a very large number of positions on at the same time and it would be impossible to trade them all.
However , if you invest in only 1 position at a time than the system is very simple to trade. Below are the results of trading the Ripe Trade setup based on staying invested in only 1 position at a time. From the year 2003 to the end of 2012 the system would have turned $10,000 into $140 million , this is a 164% annualized growth rate.
For a list of all trades since 2003, click here.
For details and tips on trading this strategy, click here.
