Joe Trader's Breakout Trading System

I just started watching my new trading system in real time after months of testing. Backtesting has shown some very impressive results. 20 year backtests show 65% to 70% accuracy. 10 year backtests show 70% to 75% accuracy. The past two years has shown between 75% and 85% accuracy with most S&P 500 stocks. This is pretty impressive for an automated trading program. I have been watching the program is real time for a couple of weeks now and have been very impressed with the results. I always watch a program in real time before I start putting actual money into it.

For my Twitter and Facebook followers, I will be posting some of the “potential upside and downside breakout” candidates. These will not be “trade recommendations”. These candidates will be stocks to watch for potential breakouts. I have been finding that most of the stocks that I uncover with my scans usually breakout within the next couple of days. For example, Starbucks, I pulled it up in a scan and got a buy signal from my program the next day. The day after the entry signal it had a nice breakout.

For those of you who would like to help me watch my new trading program in real time and find out which stocks may be breaking out soon, follow me on Twitter or on Facebook.