Tradesight Tick Results for May 2014
Number of trades: 29
Number of losers: 13
Winning percentage: 55.2%
Net ticks: +12 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 June 2014
Number of trades: 20
Number of losers: 8
Winning percentage: 60%
Net ticks: +35.5 ticks
June was a much better month with several bigger winners that followed through, although there were several days that nothing triggered or things were so flat (like at the end of the month) that there were no calls to make. Still, the 6-month average daily ranges of the ES and NQ didn’t change much in the month, which is to say that it had enough above average days to make it interesting. No complaints, and I continue to favor futures over Forex at the moment.