New Community Created Trade Idea

There's a new Community Created Trade Idea that caught my attention. It didn't take much to get my attention because it had an incredible back-tested return of 272%! Of course, in order to generate a return like that, there is usually considerable risk involved. As in, just as easily it shot up like that, in many cases, you can also lose it all....in a hurry.

However, what I especially liked about the BULLS IN BIG PHARMA Strategic Trade Idea (STI) was that its creator, Andrew Fletcher, added in some short strategies to protect against a big downturn. 

Another reason I liked this is he suggests two other STIs as hedges as well. "Short Stocks and ETFs for downside protection" and "Business Services for stability, performance and trade frequency." Brilliant! 

These notes are exactly how this system should be used. Sure, you can pick the ones with the highest returns, but the whole point is to make sure you have some protection. You can build in some protection with strategies in the STI, but the fact that he added two other STIs to compliment it to add protection and diversification is my favorite part!

One thing I do want to point out is there are short strategies in place here so you must have a margin account for these to work properly in your account.

Well done, Andrew!