The Beehive Trading System (BTS) developed by RedlionTrader is a fully automated trading system that uses an adaptive algorithm for timing entries and exits both long and short in the market.
Followers can select how aggressive they wish to trade the system using either straight SPY ETFs or leveraged ETFs such as SSO and BGU.
BTS initiated the following trade on January 27th and the trade completed today at the market close on February 3rd. This is BTS’s 2nd trade this year. BTS initiated a short trade on January 13th.
The January 27th trade managed to tweak out a .48% gain unleveraged and an almost 1% gain leverage 3:1.
Previous Trade:
Beehive is currently being ported from a workstation trading system to work on the web using Google apps. Once the work is complete interested parties may sign up to receive BTS trading signals sent to their email or twitter accounts.
Once the BTS port is complete the system will issue a status via email and twitter around 2pm with any trigger information. It is possible to improve BTS trading results by exiting or entering intraday since BTS only issues market on close orders. A 2pm message would read something like:
BTS LONG @ CLOSE if $SPX.X greater than 1101.09
this allows the subscriber discretion on his or her entry.
To track the progress of BTS and the other work by RedlionTrader please sign up for email updates at http://RedlionTrader.com
About RedlionTrader:
RedlionTrader (aka: Marlin Cobb) has been trading independently the markets for the past 10 years. His fulltime income has been derived by market trading and timing for the past 5 years. Over the course of those years Marlin has developed a library of proprietary systems and indicators used for finding an edge in the markets. In June of 2009, Redliontrader partnered with Tom Malone of TTT Hedge to help develop and trade as the TTTHedge.com.Trading Group. Their online room can be accesses at: http://TTTHedge.acorbat.com/traders where Tom makes live market calls daily and trades. In addition to trading market ideas but current and future are discussed live amongst the trading group. Membership to the group is via an annual subscription. More information can be found at http://TTTHedge.com.
