The Power of 3's
The Power of 3's is a simple trading strategy that involves using an entire account and purchasing common stock. Once the common stock price moves 3%, you will sell the shares and move on to another trade. There are times when you will get more than 3% on a stock move; especially if there is a gap up the next day. However, the trading strategy involves placing your sell order as soon as you are filled. This does "cap" the additional profit that you could have, but it assures you that you are moving to the next trade. This same stock can be traded over and over again in an uptrend and usually is.
(Images below are those of actual Po3 accounts)
The last 2 images are the current Po3 accounts that we began on 5/1 & 6/1 of 2023.
Frequently Asked Questions
Do I have to put my entire account in a single trade?
To get the maximum growth on the account, it is suggested you put the entire account in a position.
How long does each trade last?
As there are no guarantees on how long a trade will last, for 2019, the average trade lasted approximately 18 days (factoring all trades)
What if I don't put the entire account in a trade?
The spreadsheet is based on the entire account being used. If only a portion is being used, you will not have the same result as those that are.
Is this strategy guaranteed?
While there is no guarantee in any trading strategy, the guarantee is that if you complete 125 trades (without stopping out), and take 3% on each trade, just by the power of compounding, you will have made an extreme amount of profit.
Is there a minimum amount to start?
This particular strategy can be started with any amount. I have members that started with $100.00 and I have members that started with $5000.00
Do I have to be at my computer and watch my trades?
No. Once you enter the trade, you will put the sell order in GTC. Most brokers/platforms send alerts when positions are started and when they are closed.