Our Portfolio Performance speaks for itself
With over 45 years of combined experience, we have developed a system that combines time and price in a way that minimizes risk, while getting us in at the very early stages of significant price moves. With our tried-and-true formula of carefully measuring risk against potential reward, we avoid major portfolio drawdowns. This system protects us from substantial losses, while at the same time keeps us in our winning trades long enough to maximize our profits. In other words, we cut our losses quickly, and let our winners run. Best of all, none of this requires us to be sitting in front of our computer screens all day.
While the camaraderie, mutual interests we all share, and the sense of community we get by being a part of the Wanderer Group has been rewarding for all involved, the bottom line is that we are all here to grow our portfolios through trading. Here’s how the Official Wanderer Subscriber Portfolio performed during its first official year from May 2017 through April 2018.
Our trading philosophy
Our trading philosophy is to keep it simple and safe, and you'll find those tenets on display throughout our website and newsletter. Over the years of funding our wandering lifestyle through trading, we have built trading techniques that are easy to understand and implement. Those techniques consist of carefully managing risk, precisely calculating the reward-to-risk ratio, exercising patience, and remembering that there’s more to life than computer screens and spreadsheets.
Join us today, and you too can gain the freedom to live the mobile lifestyle!
This comes from experience. New traders learn the hard way—or never learn—inevitably allowing trades to go painfully against them with the “hope” that it will turn around. Experience is what allows us to not let that happen.
We aren’t interested in betting on a coin toss. Using our trading indicators, we enter trades when we believe they have at least an 80% probability. A weighted coin, if you will. We never feel compelled to rush into a trade just to make something happen.
Reward to Risk
While we already wait for a high probability of success in a trade, we also don’t want to enter a trade that can’t earn us a high reward relative to the risk. At a minimum, a trade needs a reward:risk ratio of 2:1 to earn our consideration.
Our trading style allows us, and our subscribers, the freedom to wander. We discuss trades as they are setting up, determine appropriate entries and exits, place our orders, and let the trade do its work. No need to spend all your waking hours hovering over your trades.
With over 40 years of combined experience, Pat and Lorin are a formidable team, each with their unique area of focus. Together, their knowledge and expertise combine to deliver a safe and viable stock trading strategy.
We can tell you how great we are, but there's no need to when our customers can do it for us. You can read more of what our customers have to say about us on our Customer Reviews Page.
Bought 20% size SPXL @ $48.73 Stop @ $47.79 Target @ $53.90 Stock market index charts are bullish. We expect the SPX will continue its breakout above the recent highs and move towards the all-time-high. If however, it falls back down below today’s low, it would indicate a turn in the trend. Solid risk/reward here.To[…]
Most everyone has a morning routine. Whether it is knocking out a few pushups to get the blood pumping, or jumping into a cold shower to get the eyes fully open, we all develop habits that work for us. Mine is to roll over, grab my phone, check the Asian and European markets, and see[…]
Last night, gold dropped just below its previous Intermediate cycle low before bouncing back above its uptrend line. We are going to re-enter half of our JNUG position here at $13.50, and if the low holds, look to add to the position next week. Bought 10% size JNUG @ $13.50 Stop @ $12.70 Target @[…]
After breaking above its major moving averages, the gold stock mining index XAU has been unable to hold onto its gains, and today broke back below support. Given the multiple false bottoms we’ve experienced, we are going to ensure that we lock in some profit on our JNUG trade by moving the stop up to[…]
To use a live version of the calculator, click here to visit the OMentoring Trading Tools Page. The Option Calculator can be used to easily calculate the quantity of at-the-money options you should trade in order to maximize your profit, while managing your risk. Let’s say you are looking to buy GM call options. GM[…]
In our previous article here at Kitco, we showed how gold trades to a seasonal pattern. We believe the time for the second cycle of the year to begin is very close. There are multiple ways to profit from a gold rally. You can purchase physical gold bullion directly, or you can make a deposit on[…]