Mirror Trading with Steven Vincent

NEW!  Starts September 1st, 2011

Automated Mirror Trading is now available!

Mirror Trading links two trading accounts together so that when the Lead account executes a trade, it will be automatically executed in the Follower account, or "mirrored".

We'll be using the DittoTrade.com "Lead Trader" program for this service.  To participate, you'll need to open an account with DittoTrade.  It's an easy process and you should be able to open an account and have it funded within 24-48 hours. 

IMPORTANT NOTE for NON-US CITIZENS: Non-US citizens need to contact Marshal Fox in the DittoTrade operations department at accounts@DittoTrade.com or 877-99-DITTO and he will help you set up your account.

Please read the material at this link to learn about the Lead Trader program: Lead Trader FAQ's

Please also review the videos at DittoTrade's YouTube channel: https://www.youtube.com/dittodashboard

PLANS

At this time I am offering two plans.  These are INTRODUCTORY RATES and will be raised after 3 months, but will be locked in for a year for early subscribers:

1. FLAT RATE: $60.00 per month.  Fee applies regardless of monthly performance.
2. PERCENTAGE PLAN: $25.00 fee plus 15% of profits.  No fee will be charged for any negative return month.  Fee does apply to months where no profit/loss was booked.

All fees will be automatically debited from your DittoTrade trading account at the end of each month by DittoTrade. Partial month fees will be pro-rated.

SETUP

1. The first step is to set up and fund your DittoTrade account
2. Choose your subscription plan (see above)
3. Fill out the Lead Trader Subscription Form and submit it via fax at 312-957-9301 or via email to accounts@DittoTrade.com
4. Login to your DittoTrade account and set your dashboard to "Full Throttle".

TRADING

The DittoTrade platform has many features for controlling your trades and your account.  To participate in my trades you should set your account to to the fully automatic mode which DittoTrade refers to as "Full Throttle" and "Percent for Percent".  This means that when I allocate 5% of my capital to a trade, 5% of your capital will also be allocated to the trade.  Please also know that if at any time you decide that you want to exit a trade, you can always close it out manually.

You should be sure to review the videos at DittoTrade's YouTube channel: https://www.youtube.com/dittodashboard

MODEL

• TRADING VEHICLES: US stock index and sector ETFs.  Trading vehicles may include leveraged ETFs when appropriate.
• SIGNALS: Trade signals will be generated from technical analysis of S&P 500 using Elliott Wave analysis in conjunction with trendline, chart formation, breadth, momentum and sentiment indicators.  
• STYLE: The style is intermediate and long term swing trading, with shorter term swings traded during volatile, non-trending markets.  
• TIME FRAME: I aim for holds of a week to two months for intermediate term swings and 3 to 12 months for long term swings.  In a trending market I scale into the trade on pullbacks, gradually building a position until analysis indicates that the swing has reached its end.

MONTHLY PERFORMANCE

A monthly performance report will be posted here and on the home page of the site.

September 2011: 

PAST PERFORMANCE

These charts show the performance of my trading calls on SPX prior to the inception of the Mirror Trading program:

BullBear Trading SPX 2010

BullBear Trading SPX 2011

QUESTIONS?

Message me via the site's internal mail (preferred) at http://www.thebullbear.com/profile/TheBullBear or email me at steven at thebullbear.com