Before we get to April’s numbers, here is a short reminder of the results from March. The full report from March can be found here. You can also go back indefinitely by clicking here and scrolling down.
Tradesight Tick Results for March 2015
Number of trades: 16
Number of losers: 8
Winning percentage: 50.0%
Net ticks: +7.5 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.
It is important to note that these results do not include the Tradesight Value Area, Opening Range, 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 April 2015
Number of trades: 6
Number of losers: 4
Winning percentage: 33.3%
Net ticks: -13.5 ticks
A really slow month in terms of official calls. This was the slowest month ever in the history of the Tradesight Futures Service. Usually we have at least 20 official calls that trigger, but here we only had 6. Part of that was due to light volume and bad ranges. Part of it was due to trades not triggering. The other part of it was due to the fact that our Opening Range plays worked 16 out of 21 triggers in the month for nice gains and well over 100 ticks again, although we don’t count those from the main trade calls. May is already better.