Before we get to September’s numbers, here is a short reminder of the results from August. The full report from August can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for August 2013
Number of trades: 16
Number of losers: 8
Winning percentage: 50%
Net ticks: -33 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 September 2013
Number of trades: 24
Number of losers: 8
Winning percentage: 67.7%
Net ticks: +67.5 ticks
We came back from summer and Labor Day and the markets had a jolt of action for a week. It really looked like things were getting back to normal. Overall, the month was solid with a good win ratio and some winners that went further than just a first target and getting stopped out (and not just one trade like that, but many). However, the ranges and volume dried up a bit later in the month again as the government shutdown kicked in. So, we’ll see how it goes this next month as we are entering the better six months of the year for futures trading. Overall, a solid month here in futures. Note that the ES and NQ 6-month ranges didn’t change much from the prior month.
Tradesight Tick Results for August 2013
Number of trades: 16
Number of losers: 8
Winning percentage: 50%
Net ticks: -33 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 September 2013
Number of trades: 24
Number of losers: 8
Winning percentage: 67.7%
Net ticks: +67.5 ticks
We came back from summer and Labor Day and the markets had a jolt of action for a week. It really looked like things were getting back to normal. Overall, the month was solid with a good win ratio and some winners that went further than just a first target and getting stopped out (and not just one trade like that, but many). However, the ranges and volume dried up a bit later in the month again as the government shutdown kicked in. So, we’ll see how it goes this next month as we are entering the better six months of the year for futures trading. Overall, a solid month here in futures. Note that the ES and NQ 6-month ranges didn’t change much from the prior month.