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. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for January 2016
Number of trades: 58
Number of losers: 21
Winning percentage: 63.8%
Net ticks: +162 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 February 2016
Number of trades: 58
Number of losers: 18
Winning percentage: 69%
Net ticks: +145 ticks
Our futures service continues to chug along nicely, putting up impressive gains again in February after a solid start of the year in January. We had Opening Range plays 20 days in the month, and the net results were positive 15 times, or 75%. The rest of our calls worked great as well. We had some big swings early in the month that led to some wild winners. Things did slow down a bit in the last week. The Opening Range results continue to be about on track with most of last year and what we have seen historically.