As our members know, the Dr K Market Direction Model more than makes up for false signals by scoring big especially during market breakdowns, such as during the flash crash of May 2010, and the recent correction that began in earnest in August 2011.
Consequently, had one gone long 100% our suggested ETFs whenever there is a change in signal, on a buy signal, 100% short on a sell signal, and 100% cash on a cash signal, one would have reaped the rewards:
TNA (3-times ETF) = +119.3% since August 2
TYH (3-times ETF) = +77.5% since August 2
TVIX (2-times VIX ETF) = +348.0% since August 2 (we did not suggest this ETF but some of our members alerted us to the massive performance achieved using this ETF along with the Dr K Market Direction Model)
One skeptic recently asked us how such massively high returns are possible. But when they went through each buy and sell signal using the above vehicles, buying at the end of the trading day, they were amazed to see these returns were actually achievable. We encourage all skeptics to go through each time-stamped signal to see for themselves how the model operates. We also advise each investor to position size according to their risk tolerance levels since 3-times ETFs are highly volatile. To achieve big returns, expect sizeable drawdowns which may be outside your comfort zone. Of course, our more conservative investors use 1-times and 2-times ETFs or position size smaller into 3-times ETFs.
All reports are time/date stamped.
Full historical results are shown here: https://www.virtueofselfishinvesting.com/results