SpiBandit™

A Short Term 100% Mechanical SPI® Trading System

(Click here to request a copy of my Real Time Results)

SpiBandit™ is a short term 100% mechanical SPI® trading system.

In March 2006 SpiBandit™ enjoyed a major upgrade. Please review the results below to see whether SpiBandit™ can help your SPI® trading and don't forget to request a copy of my Real Time Results!

Last updated: 5th January, 2007.

SpiBandit's™ Recent Hypothetical Performance*

SpiBandit's™ Hypothetical Monthly Performance*

System Description
SpiBandit™ is an end-of-session swing trading system. When a set-up exists SpiBandit™ will look to sell rising prices in an attempt to catch the swing down. When a set-up exists it will look to buy falling prices in an attempt to catch the swing up.

Nice and simple.

The model is price based and does not include any Fibonacci calculations and does NOT include any indicators. My philosophy in trading is to focus on price and not a derivative. Price is what we trade. Price is what takes money from our accounts and price is what contributes the profits to our accounts. You can’t buy or sell a derivative of price.

Being an end-of-session model SpiBandit™ requires traders to be prepared before each day and evening session. Following the overnight price action the model requires traders to determine whether or not a set-up and order exists before 9:50am each day. Following the day session at 4:30pm the model requires traders to determine whether or not a set-up and order exists before 5:10pm for the evening session. If you’re unable to make this commitment then SpiBandit™ will not be appropriate for you.

System Requirements
To trade the model people will require the following:

• An excel spreadsheet to perform calculations and determine whether a set-up exists. The model requires traders to design their own spreadsheet according to the 100% mechanical rules revealed in the trading manual. This is not a difficult task.
• Daily SPI prices for charting (hand drawn will do).
• Evening SPI prices for charting (hand drawn will do).
• Access to the market between 4:35pm to 5:10pm to confirm the SPI’s daily open, high, low and settlement. This will usually involve a phone call to your Broker.
• Generally, as a minimum, a $10,000 trading account to trade 1 SPI contract per signal.

 What you don’t need:

• You will not need any software package to trade SpiBandit™.
• You will not need access to live SPI prices.

System Purchase
When purchasing the model people will receive:

• A comprehensive manual detailing SpiBandit’s™ 100% mechanical trading rules. Included are:
  • The simple mechanical entry and exit trading rules.
  • Three money management approaches
    • One aggressive
    • One moderate
    • One conservative
  • An original approach to trading psychology
• A copy of my daily and evening SPI data.
• SpiBandit’s™ historical trade file.
• 3-months of free support which will include
  • Daily emails discussing SpiBandit set-ups and whether a signal exists. One before 9:50am and one before 5:10pm.
  • A copy of my actual orders before a trading session commences.

Last updated: 18th March 2006

SpiBandit's™ Hypothetical Equity Curve*

Last updated: 18th March 2006

SpiBandit's™ Hypothetical Performance Statistics*

For the new trader SpiBandit™ is a quick and easy, step-by-step introduction to SPI® trading. For the more experienced trader SpiBandit™ is a way to get back to basics and keep it simple!

SpiBandit™ will help you overcome your emotions by providing clear and precise entry and exit rules. 

SpiBandit's™ good accuracy rate will allow you to experience more winning trades than losing trades. SpiBandit's™ frequent trading allows its 12% expectancy to accumulate multiple small average profitable trades resulting in many good profitable months.

SpiBandit™ will transform your trading into a disciplined, structured and non emotional experience.

SpiBandit™ makes it easy for anyone with a small amount of capital to set up a real, part-time trading business. Whether you are a business owner, or a full time employee, for the purchase price of $3,500 (inc gst) you can use SpiBandit's™ simple rule based approach to start a trading business now!

If you decide to purchase SpiBandit™ you will receive 3 months of FREE support! 

The support will include an on going education of SpiBandit's™ methodology and access to my real time orders as I trade SpiBandit™...... yep......you heard that right.......a promoter who trades his own systems! 

This isn't a big deal for me as I've said before I'm a trader first and foremost. 

With SpiBandit™ you'll receive both a fully disclosed 100% mechanical short term SPI® trading system and a trading partner!

Don't forget to request a copy of my REAL TIME RESULTS.

Order

Brent Penfold
Private Trader,
Futures Adviser
(ASIC AFS Licence Number 225946)
Developer of IndexTrader™,SpiBandit™,SpiBonus™ and the SpiCollection™
Publisher of IndexALERT™

Warning
*These performance figures are hypothetical only, showing the results of trading 1 contract per signal. AUD25 has been deducted for brokerage and slippage. No Money Management has been applied. Please be aware hypothetical results DO NOT indicate future success. Hypothetical results may under, or over compensated, for the impact, if any, of certain market conditions, such as but not limited to, poor liquidity, poor execution, competitive or expensive brokerage etc. In addition there are no guarantees SpiBandit™ will continue to behave in the future as it has in the past and accordingly you should expect the SpiBandit's™  WORST DRAW DOWN to be in the future and is therefore unknown. Traders need to be very aware there is RISK of loss in futures trading. Hypothetical, historic or actual results do not indicate future success.

 Top of Page