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 2016

Number of trades: 66
Number of losers: 25
Winning percentage: 62.1%
Net ticks: +119 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 September 2016

Number of trades: 62
Number of losers: 29
Winning percentage: 53.2%
Net ticks: -12 ticks

August tends to be slow, although that wasn’t true in 2015. Sometimes after Labor Day, things tend to pick up again in September, and then the markets typically get exciting from October through May or so. This year, September ended up being slower and less active than August. Volume was horrible. Many days saw no movement in the first hour of play at all, which is usually when most of the money is made. And along with that environment, we ended up with our first negative month for Futures trading in 2016, although only losing 12 ticks, including a 40 tick loss on the second to last day of the month when all 4 Opening Range trades stopped out for the first time I can recall this year. Still, it speaks volumes about our system that even when the markets dry up completely and our win ratio drops significantly, we basically tread water. On to October…

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