Thanks for your feedback, Anon. However, as we mentioned to John, after 10 years of using a methodology based on Connors work I’ve learned there are a number of challenges to making these strategies work in the real world. One key ingredient for success is the selection of which trade to take — since when there are signals for new trades there tend to be a LOT of signals at once. My use of intermarket analysis and some basic technical charting increases the win rate significantly.

Also, Larry only provided a generic approach to doing OPTIONS versions of these trades. I have greatly finetuned the entry and management rules for these trades, which can be more appropriate for smaller accounts. And I’ve got two options strategies (ETF-ATM and ETF-RS) that have great results, differing in aggressiveness and return rate.

Finally, I find that to successfully implement these strategies is a lot of hard work. I do this work for subscribers, including identifying the best candidates for options trades. And as we discovered when first implementing these contrarian trading strategies, it is very helpful to have a “trading partner” (such as myself) along side you as you learn to trade this methodology.

All in all I provide a means for traders to learn the real world application of this “reversion to trend” methodology in real time. And since I’m basically just posting my own trades and rationale, we make money together. And when there are downdrafts, my money is just as much at stake as any subscribers. It’s a formula that works.

Hope this is helpful.

Jack

Jack Loftis PhD
ETFSwingTrader.net

Hey John,
After 10 years of using a methodology based on Connors work I’ve learned there are a number of challenges to making these strategies work in the real world. One key ingredient for success is the selection of which trade to take — since when there are signals for new trades there tend to be a LOT of signals at once. My use of intermarket analysis and some basic technical charting increases the win rate significantly.

Also, Larry only provided a generic approach to doing OPTIONS versions of these trades. I have greatly finetuned the entry and management rules for these trades, which can be more appropriate for smaller accounts. And I’ve got two options strategies (ETF-ATM and ETF-RS) that have great results, differing in aggressiveness and return rate.

Finally, I find that to successfully implement these strategies is a lot of hard work. I do this work for subscribers, including identifying the best candidates for options trades. And as we discovered when first implementing these contrarian trading strategies, it is very helpful to have a “trading partner” (such as myself) along side you as you learn to trade this methodology.

All in all I provide a means for traders to learn the real world application of this “reversion to trend” methodology in real time. And since I’m basically just posting my own trades and rationale, we make money together. And when there are downdrafts, my money is just as much at stake as any subscribers. It’s a formula that works.

Hope this is helpful.

Jack

Jack Loftis PhD
ETFSwingTrader.net

Thanks, Vinay Nair. We’re glad you enjoyed the post!