The ULTRA strategy – our strategy for hobby traders -really outperformed the DAX (R) in October 2018.
With 11 trades, cumulatively, more than 13% trading profit have been achieved. I.e. the profit per trade was greater than 1 percent with an average time in the market of 3.5 days
That’s the advantage of our algo systems. We try to get low into the stock and then take a profit after a short period of time.
All those who traded the shares from the DAX (R) from the ULTRA strategy in October were thus able to generate nice profits, while the overall market falls by 10%! The orders were systematically placed in the market and profits were taken after a couple of days.
It turns out again that the Traderama methodology can produce profits in falling markets.