Before we get to June’s numbers, here is a short reminder of the results from May. The full report from May can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for May 2013
Number of trades: 29
Number of losers: 10
Winning percentage: 65.5%
Net ticks: +38 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 June 2013
Number of trades: 25
Number of losers: 7
Winning percentage: 68%
Net ticks: +30.5 ticks
It was another decent month, although I continue to view my Futures trading as my third option due to weak market volume in particular. But, our win ratio was great. In fact, there was one day where we got stopped out of two trades for 14 ticks of losses, and frankly, we shouldn’t have made those calls due to the quarterly contract roll, which always messes things up. Without those, we’d be closer to 50 ticks in gains. We will continue to call this market lightly until market volumes pick up.
