Before we get to August’s numbers, here is a short reminder of the results from July. The full report from July can be found here. You can also go back indefinitely by clicking here and scrolling down.

Tradesight Tick Results for July 2016

Number of trades: 58
Number of losers: 16
Winning percentage: 72.4%
Net ticks: +222.5 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 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 August 2016

Number of trades: 66
Number of losers: 25
Winning percentage: 62.1%
Net ticks: +119 ticks

It was unlikely that we were going to rack up the same gains in August that we did in July, given the fact that market volume tends to dry up at least for the early half of August. Sometimes, it picks up again after options expiration Friday, like it did last year. This year, it did not pick up. Not much else to say. Our win rate, including on the Opening Range plays, dropped a bit from prior months due to the lack of market action, but we still did well. Things should pick up after Labor Day.

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