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 2013
Number of trades: 17
Number of losers: 10
Winning percentage: 58.8%
Net ticks: +23 ticks
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 Messenger exactly as we call them and manage them and 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 Messenger calls.
You can go through the reports and compare the breakdown that I give as each trade is reviewed.
Tradesight Tick Results for January 2014
Number of trades: 29
Number of losers: 15
Winning percentage: 51.7%
Net ticks: -1 tick
Even though volume came back heavy in the stock market, the indices didn’t move around as much as you would have expected, which leads to poor futures trading action. Since stocks were so good and easy to trade, we concentrated more there. Several calls this month that triggered once and stopped went on to work great on a second trigger, but we didn’t call the retrigger because there was so much else to do. Still, we finally got a clean Comber signal on the last day of the month on the ES that gave us a nice winner. Very few trades prior to that followed through beyond the first target even if they worked. In general, it’s an unexciting month for futures to start the year unless you really sat down to focus on it using the techniques taught in the course. Those that trade other asset classes should have found stocks and Forex easier to make money.
