On Tuesday I made a trade which took my total gain to 100% over a 12 week period.  That is a BIG milestone for me.

Let me explain.  It has been nearly 2 years since I did my first (and only) introductory stock seminar. Since then I have tried varying strategies and been building up my competence in basic skills.  For a long time I did this with imaginary money, then small amounts of real money and eventually larger (though still modest) sums. I also have a full time job.

And now it seems my slow & steady approach has succeeded. I now have a strategy which makes a return so far in excess of anything I could get anywhere else and I am very excited about it.  Why?

Firstly this isn’t  a fluke. I made 35 trades in those 12 weeks and those trades fell withing a specific strategy. The extensive evidence I collected in excel shows clearly a trend and a system at work.

Secondly I am thrilled by the prospect of compound growth (yes thrilled). All my winnings get re-invested and I can potentially double my cash four times in a year.  That translates to having 16 times the initial stake after one year.

Thirdly I am still evolving as a trader. Each trade I documented has comments associated that have allowed me to spot and correct my errors.  I am confident  I can reduce my 12 weeks double time. A reduction of 2 weeks produces a yearly compound of 32 times initial investment.

Fourthly my strategy is to trade only the highest probability trade within one chart pattern on one index. Keeping it simple is the key. This means I am a low frequency trader which gives me time to do all sorts of other things. It is not a full time job.

Fifth. Using the power of the iphone I can trade anywhere and therefore am not shackled to my PC or compromised at work.

Sixth (and this is the one that really freaks me out!) the return of 100% in 12 weeks is it seems better than anyone currently publishing their rate of return.  I see all these trading professionals publishing rates that come nowhere near. I don’t understand but am quite thankful for it! All I can say is keeping it (very) simple seems to work.