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

Tradesight Tick Results for June 2013

Number of trades: 25
Number of losers: 7
Winning percentage: 68%
Net ticks: +30.5 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.

You can go through the reports and compare the breakdown that I give as each trade is reviewed.

Tradesight Tick Results for July 2013

Number of trades: 21
Number of losers: 7
Winning percentage: 66.7%
Net ticks: +34 ticks

Once again, we traded futures even less based on our recent assessment of the state of the various asset classes. There were several days either without calls, without a trigger, or with a call that we canceled because action was so light. There were even a couple of days that we closed out a trade near even when it just wasn’t moving for too long.

Having said that, our desire to be picky seems to be working as we put together another decent month of gains on fewer trades.

There really isn’t much else to say. We need bigger movement in the indices, which typically comes from volume, before we are going to step back into the Futures arena full throttle. But, we’re doing OK but being picky.

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