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.
Tradesight Tick Results for January 2013
Number of trades: 35
Number of losers: 20
Winning percentage: 42.8%
Net ticks: -19.5 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 February 2013
Number of trades: 25
Number of losers: 10
Winning percentage: 60.0%
Net ticks: +24 ticks
This was a much better month than the last one. We still saw three or four trades that stopped out the first time and then worked the second, which impacts the results. At the same time, ranges were better and volume stayed up most of the month. Our win ratio was high. Again, most of the sample calls that we put up for these results were in the ES, although a few were in the NQ and ER. Ranges have expanded on the contracts, although the NASDAQ market remains flatlined where it started the year as the battle of “money out of AAPL” and “money into GOOG” continues to hold the index in place. There were also several days where no calls triggered in the middle of the month around options expiration and the President’s Day holiday. Without that, we might have had a few more winners to add to the pot. Overall, though, no complaints.
We move forward to March.
