Tradesight February 2021 Stock Results
Tradesight has been providing stock calls daily since 2002. We post the results of our of our trades, winners and losers, in our reports and Market Blog every day. Some people might find it surprising to learn that while we track our Futures and Forex formal trade call results monthly, we don’t post anything beyond the trade reviews on our Stocks calls.
There is actually a very specific reason for this. I’ve never been a fan of trying to “hype” or “promote” something. Being profitable in trading is about learning what to do and getting yourself to make the right decisions. In Futures as well as in Forex, if we publish a call in advance, just about everyone should get the same fills and be able to get in and out at almost the same numbers. That isn’t always the case in stocks. It depends on how many shares you are trading and what the liquidity in the market for that stock is at the time. For that reason, I have already been hesitant to say “These are the exact results.” I would never want to try to suggest that someone would make a certain amount of dollars trading a certain number of shares or make a certain percentage. If I take a trade and sell it for a $0.30 gain, it makes a big statistical difference if someone else had to pay $0.05 more to get in and maybe got out for $0.02 less. That’s $0.23 instead of $0.30 even though the concept of the trade was fine.
However, after many requests, in October 2015, we started posting our results. You can see these monthly here.
In our system, you can basically break trades down into four categories: Big losers, small losers, small winners, and big winners.
In order to have any chance of succeeding in the markets, you have to have a system. There is no other way around it. I’ve been trading for 20 years now, and I’ve trained over 1000 people. You don’t make money if you don’t have a technically valid system for entry and exits.
Of the four categories of trades listed above, we simply don’t allow any of the first category, which is big losers. We always have a worst-case stop and we always stick to it. There should never be a scenario where you are still in a trade that is causing a significant loss if you follow our rules.
In terms of the other three categories, generally speaking, if you have about a third of your trades fall into each category, you should be making good money. In other words, if we have about 33% of our trades as small losers and 33% of trades as small winners, those basically would offset. That leaves the other 33% of so only as bigger winners, and that’s what we are here for. In our world, we count a loser as a trade that stops out (stops in our system are based on the price-level of the stock). We count a small winner as a trade that goes enough to make a partial and then either stops the second half of the trade under the entry or stops the second half of the trade slightly in the money, but no more than the partial was or so. Then the big winners are anything that keeps going beyond the partial.
So these were the results for January, which you can view here.
Tradesight Stock Results for January 2021
Number of trade calls that triggered with market support: 40
Number (and percent of total) of small losers: 9 (22.5%)
Number (and percent of total) of small winners: 15 (37.50%)
Number (and percent of total) of big winners: 16 (40%)
And for February?
Tradesight Stock Results for February 2021
Number of trade calls that triggered with market support: 43
Number (and percent of total) of small losers: 11 (25.6%)
Number (and percent of total) of small winners: 12 (27.9%)
Number (and percent of total) of big winners: 20 (46.5%)
A solid month. Our numbers did not shift much from January. We won about 75% of our trades in total.
Tradesight February 2021 Futures Results
Before we get to February's numbers, here is a short reminder of the results from January. The full report from January can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for January 2021
Number of trades: 20
Number of losers: 8
Winning percentage: 60%
Net ticks: +8
Reminder: Here are the rules.
1) Totals for the month are based on trades that occurred on trading days in the calendar month.
2) Trades are based on the calls in the Twitter feed exactly as we call them and manage them as well as the Opening Range plays under the basic strategy we teach for those in our course. We do not count everything you could have done from taking our courses and using our tools.
3) All trades are broken into two pieces, with the assumption that one half is sold at the first target and one half is sold at the final exit. These are then averaged. So if we made 6 ticks on one half and 12 on the second, that’s a 9-tick winner.
4) Pure losers (trades that just stop out) are considered 7 tick losers. We don’t risk more than that in the Twitter calls.
It is important to note that these results do not include the Tradesight Value Area or Institutional Range plays, all of which have been working quite well on their own.
You can go through the reports and compare the breakdown that I give as each trade is reviewed.
Tradesight Tick Results for February 2021
Number of trades: 21
Number of losers: 6
Winning percentage: 71.4%
Net ticks: +65
A solid month for futures in February. We won over 70% of the trades and locked in bigger gains than January. Good start to the year so far.
Tradesight February 2021 Forex Results
Before we get to the February numbers, here is a short reminder of the results from January. The full report from January can be found here and you can get the last several months in a row vertically by clicking here and scrolling down.
Tradesight Pip Results for January 2021
Number of trades: 22
Number of losers: 12
Winning percentage: 45.4%
Worst losing streak: 4
Net pips: +20
Reminder: Here are the rules.
1) Calls made in the calendar month count. In other words, a call made on August 31 that triggered the morning of September 1 is not part of September. Calls made on Thursday, September 30 that triggered between then and the morning of October 1 ARE part of September.
2) Trades that triggered before 8 pm EST / 5 pm PST (i.e. pre Asia) and NEVER gave you a chance to re-enter are NOT counted. Everything else is counted equally.
3) All trades are broken into two pieces, with the assumption that one half is sold at the first target and one half is sold at the final exit. These are then averaged. So if we made 40 pips on one half and 60 on the second, that’s a 50-pip winner. If we made 40 pips on one half, never adjusted our stop, and the second half stopped for the 25 pip loser, then that’s a 7 pip winner (15 divided by 2 is 7.5, and I rounded down).
4) Pure losers (trades that just stop out) are considered 25 pip losers. In some cases, this can be a few more or a few less, but it should average right in there, so instead of making it complicated, I count them as 25 pips.
5) Trade re-entries are valid if a trade stops except between 3 am EST and 9 am EST (when I’m sleeping). So in other words, even if you are awake in those hours and you could have re-entered, I’m only counting things that I would have done. This is important because otherwise the implication is that you need to be awake 24/6. Triggers that occur right on the Big Three news announcements each month don’t count as you shouldn’t have orders in that close at that time.
You can go through the reports and compare the breakdown that I give as each trade is reviewed.
Tradesight Pip Results for February 2021
Number of trades: 10
Number of losers: 4
Winning percentage: 60%
Worst losing streak: 1
Net pips: +84
February gave us the least number of Forex trades that we have ever run in a month at just 10. Still, our results stuck to our goals, with 60% winners, and we ended up with a bigger gain than January overall. Two positive months to start the year.
Tradesight Recap Report for 8/13/21
Overview
Pretty much as expected after such a waste of a week. Friday was even flatter, one of the narrowest days we have seen, on 4 billion NASDAQ shares. Not much triggered, shouldn't have bothered.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and long at B, both stopped:
NQ Opening Range Play:
Results: -34 ticks
Forex:
GBPUSD triggered long at A, hit first target at B, closed at end of chart for end of week:
Results: +30 pips
Stocks:
The flattest day imaginable. Probably shouldn't bother trading at all on an August summer Friday after this week and with the ES dead flat from the start.
From the Tradesight Plus Report, no triggers.
From the Tradesight Plus Twitter feed, LULU triggered short (with market support) and didn't work:
That’s 1 trigger with market support, and it didn't work.
Tradesight January 2021 Stock Results
Tradesight has been providing stock calls daily since 2002. We post the results of our of our trades, winners and losers, in our reports and Market Blog every day. Some people might find it surprising to learn that while we track our Futures and Forex formal trade call results monthly, we don’t post anything beyond the trade reviews on our Stocks calls.
There is actually a very specific reason for this. I’ve never been a fan of trying to “hype” or “promote” something. Being profitable in trading is about learning what to do and getting yourself to make the right decisions. In Futures as well as in Forex, if we publish a call in advance, just about everyone should get the same fills and be able to get in and out at almost the same numbers. That isn’t always the case in stocks. It depends on how many shares you are trading and what the liquidity in the market for that stock is at the time. For that reason, I have already been hesitant to say “These are the exact results.” I would never want to try to suggest that someone would make a certain amount of dollars trading a certain number of shares or make a certain percentage. If I take a trade and sell it for a $0.30 gain, it makes a big statistical difference if someone else had to pay $0.05 more to get in and maybe got out for $0.02 less. That’s $0.23 instead of $0.30 even though the concept of the trade was fine.
However, after many requests, in October 2015, we started posting our results. You can see these monthly here.
In our system, you can basically break trades down into four categories: Big losers, small losers, small winners, and big winners.
In order to have any chance of succeeding in the markets, you have to have a system. There is no other way around it. I’ve been trading for 20 years now, and I’ve trained over 1000 people. You don’t make money if you don’t have a technically valid system for entry and exits.
Of the four categories of trades listed above, we simply don’t allow any of the first category, which is big losers. We always have a worst-case stop and we always stick to it. There should never be a scenario where you are still in a trade that is causing a significant loss if you follow our rules.
In terms of the other three categories, generally speaking, if you have about a third of your trades fall into each category, you should be making good money. In other words, if we have about 33% of our trades as small losers and 33% of trades as small winners, those basically would offset. That leaves the other 33% of so only as bigger winners, and that’s what we are here for. In our world, we count a loser as a trade that stops out (stops in our system are based on the price-level of the stock). We count a small winner as a trade that goes enough to make a partial and then either stops the second half of the trade under the entry or stops the second half of the trade slightly in the money, but no more than the partial was or so. Then the big winners are anything that keeps going beyond the partial.
So these were the results for December, which you can view here.
Tradesight Stock Results for December 2020
Number of trade calls that triggered with market support: 42
Number (and percent of total) of small losers: 7 (16.6%)
Number (and percent of total) of small winners: 13 (31%)
Number (and percent of total) of big winners: 22 (52.4%)
And for January?
Tradesight Stock Results for January 2021
Number of trade calls that triggered with market support: 40
Number (and percent of total) of small losers: 9 (22.5%)
Number (and percent of total) of small winners: 15 (37.50%)
Number (and percent of total) of big winners: 16 (40%)
January was an interesting start to the year. The number of trades picked back up after the Holiday season in December, and our total win ratio was 77.5%, which is above what we need. There were definitely some solid big winners in there as well.
Tradesight January 2021 Futures Results
Before we get to January's numbers, here is a short reminder of the results from December. The full report from December can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for December 2020
Number of trades: 27
Number of losers: 9
Winning percentage: 66.7%
Net ticks: +15.5
Reminder: Here are the rules.
1) Totals for the month are based on trades that occurred on trading days in the calendar month.
2) Trades are based on the calls in the Twitter feed exactly as we call them and manage them as well as the Opening Range plays under the basic strategy we teach for those in our course. We do not count everything you could have done from taking our courses and using our tools.
3) All trades are broken into two pieces, with the assumption that one half is sold at the first target and one half is sold at the final exit. These are then averaged. So if we made 6 ticks on one half and 12 on the second, that’s a 9-tick winner.
4) Pure losers (trades that just stop out) are considered 7 tick losers. We don’t risk more than that in the Twitter calls.
It is important to note that these results do not include the Tradesight Value Area or Institutional Range plays, all of which have been working quite well on their own.
You can go through the reports and compare the breakdown that I give as each trade is reviewed.
Tradesight Tick Results for January 2021
Number of trades: 20
Number of losers: 8
Winning percentage: 60%
Net ticks: +8
This was an exceptionally slow start to the year with less trades than usual. But, our numbers held up as our win ratio was still 60% and it prevented us from having a red month.
Tradesight January 2021 Forex Results
Before we get to the January numbers, here is a short reminder of the results from December. The full report from December can be found here and you can get the last several months in a row vertically by clicking here and scrolling down.
Tradesight Pip Results for December 2020
Number of trades: 18
Number of losers: 7
Winning percentage: 61.1%
Worst losing streak: 3
Net pips: +240
Reminder: Here are the rules.
1) Calls made in the calendar month count. In other words, a call made on August 31 that triggered the morning of September 1 is not part of September. Calls made on Thursday, September 30 that triggered between then and the morning of October 1 ARE part of September.
2) Trades that triggered before 8 pm EST / 5 pm PST (i.e. pre Asia) and NEVER gave you a chance to re-enter are NOT counted. Everything else is counted equally.
3) All trades are broken into two pieces, with the assumption that one half is sold at the first target and one half is sold at the final exit. These are then averaged. So if we made 40 pips on one half and 60 on the second, that’s a 50-pip winner. If we made 40 pips on one half, never adjusted our stop, and the second half stopped for the 25 pip loser, then that’s a 7 pip winner (15 divided by 2 is 7.5, and I rounded down).
4) Pure losers (trades that just stop out) are considered 25 pip losers. In some cases, this can be a few more or a few less, but it should average right in there, so instead of making it complicated, I count them as 25 pips.
5) Trade re-entries are valid if a trade stops except between 3 am EST and 9 am EST (when I’m sleeping). So in other words, even if you are awake in those hours and you could have re-entered, I’m only counting things that I would have done. This is important because otherwise the implication is that you need to be awake 24/6. Triggers that occur right on the Big Three news announcements each month don’t count as you shouldn’t have orders in that close at that time.
You can go through the reports and compare the breakdown that I give as each trade is reviewed.
Tradesight Pip Results for January 2021
Number of trades: 22
Number of losers: 12
Winning percentage: 45.4%
Worst losing streak: 4
Net pips: +20
A slow month to start the year in Forex.
Tradesight Recap Report for 8/12/21
Overview
A very strange day. The markets opened flat to lower, headed down initially, then the NASDAQ rallied to fill the gap while the Advance/Decline ratio on the NASDAQ actually weakened. After lunch, things pushed higher, but decliners were still well ahead of advancers. NASDAQ volume was 3.9 billion shares.
ES with Levels:
NQ with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and worked enough for a partial:
NQ Opening Range Play triggered short at A but too far out of range to take:
Results: +4 ticks
Forex:
A nice winner (still going).
GBPUSD triggered short at A, hit first target at B, still holding second half with a stop over VAL at C:
Results: Trade Not Finished yet
Stocks:
Not much to be done.
From the Tradesight Plus Report, PLCE triggered long (without market support due to opening 5 minutes) and worked:
AGEN triggered long (with market support) and literally closed on the trigger after doing nothing all day:
From the Tradesight Plus Twitter feed, nothing triggered.
That’s 0 triggers with market support that did anything.
Tradesight Plus Report for 8-12-21
Opening comments for the rest of the week posted to YouTube. Not sure what to expect, but the scans did turn up a few things.
Longs first, in order of best chart construction, starting with PLCE > 103.33:
AGEN > 5.95:
SSSS > 16.25:
On the short side, just one, ADPT < 31.26:
Tradesight Recap Report for 8/11/21
Overview
The markets gapped up, the NASDAQ filled and went lower and was weak all day, the ES tried to hold up and closed near highs for a small gain. NASDAQ volume was 4 billion shares.
ES with Levels:
ES with Market Directional:
NQ with Levels, a very different look and much weaker:
Futures:
ES Opening Range Play triggered short at A and worked enough for a partial:
NQ Opening Range Play:
Results: +4 ticks
Forex:
GBPUSD triggered long at A and closed even at B for end of session:
Results: +0 pips
Stocks:
Nothing at all worth discussing.
From the Tradesight Plus Report, nothing triggered.
From the Tradesight Plus Twitter feed, no calls.
That’s 0 triggers with market support.