FEBRUARY TRADING RESULTS
The machines turned off at the end of the month and here is where we wound up:
Bond System - + $1,157
Swing Signals - + $2,456
Keep in mind the goal each month is to make a profit first, we are doing that consistently. This is a difficult thing to do and I am very pleased we are consistently making money. Most people lose money trading and then tell you afterwards how good their signals were and how much money you would have made. We are giving signals in advance that are making a profit.
Here is what I can do better than what I have been doing and have started to implement it. We have had some trouble with stops in the thinner markets and it has made me a bit jumpy on some of the exits we have done. Typically I have two exit methods and they have fixed rules. However, there is some wiggle room in them as well as to which one to employ. Once a trade is on and the decision is made it is not changed, I don't jump around all over the place. I believe in being disciplined and I hope that is a lesson some people are learning by following our services.
We narrowly missed a few big moves this past month and that is on me. Stops were too close and that problem has been corrected, we are staying in trades longer and that is going to continue going forward.
Here is a harsh statement but if this is you own up to it. If the above results are not good to you think about doing something different for a living. This does not mean this is the greatest thing out there it may be far from it. The point is trading is about grinding it out. There is no holy grail. There is no system you can buy that will make you millions in a few months. This does not mean it cannot be done. To be able to get access like this to methods for a couple hundred dollars a month that make profits is a very good deal. There are rare individuals in any walk of life that can perform at levels far beyond others. Michael Jordan to name one. What you see up above are real life results of profitable trades. Some of those trades were terrible, some were dynamite, and a few were mediocre. Trading is about staying the course and that is what I do come hell or high water, and it is hell at times believe me.
THAT IS TRADING!
Our Bond System this month started off with a full stop out loss so we went right into a hole then it spit out 5 consecutive wins. This is pretty much how that system is designed. It wins with a high level of accuracy and does go on runs where it hits several wins consecutively at times. It is at another new equity high since we first launched it so that is all we can ask, to keep moving forward. We had one really big winning trade and I was fortunate to have more contracts than normal on that trade as per my blog post from the other day where I explained why. If you just annualized the above returns they are awfully good considering how inexpensive these signals are. I am thrilled we are doing well. Below is an image of the new home page and how it is going to look with one thing being different. The First thing on the top left will be the daily blog post, which will then take you to the blog section. It will be labeled Daily commentary and will be in the place where I have written Blog post for the day. The rest of the layout is accurate. The hand shake will have the stock photo removed, but I like that image so it is going to stay.
I am going to be loading some videos which will give you some more in depth analysis of things. As I have said this will build over time.
We narrowly missed a few big moves this past month and that is on me. Stops were too close and that problem has been corrected, we are staying in trades longer and that is going to continue going forward.
Here is a harsh statement but if this is you own up to it. If the above results are not good to you think about doing something different for a living. This does not mean this is the greatest thing out there it may be far from it. The point is trading is about grinding it out. There is no holy grail. There is no system you can buy that will make you millions in a few months. This does not mean it cannot be done. To be able to get access like this to methods for a couple hundred dollars a month that make profits is a very good deal. There are rare individuals in any walk of life that can perform at levels far beyond others. Michael Jordan to name one. What you see up above are real life results of profitable trades. Some of those trades were terrible, some were dynamite, and a few were mediocre. Trading is about staying the course and that is what I do come hell or high water, and it is hell at times believe me.
THAT IS TRADING!
Our Bond System this month started off with a full stop out loss so we went right into a hole then it spit out 5 consecutive wins. This is pretty much how that system is designed. It wins with a high level of accuracy and does go on runs where it hits several wins consecutively at times. It is at another new equity high since we first launched it so that is all we can ask, to keep moving forward. We had one really big winning trade and I was fortunate to have more contracts than normal on that trade as per my blog post from the other day where I explained why. If you just annualized the above returns they are awfully good considering how inexpensive these signals are. I am thrilled we are doing well. Below is an image of the new home page and how it is going to look with one thing being different. The First thing on the top left will be the daily blog post, which will then take you to the blog section. It will be labeled Daily commentary and will be in the place where I have written Blog post for the day. The rest of the layout is accurate. The hand shake will have the stock photo removed, but I like that image so it is going to stay.
I am going to be loading some videos which will give you some more in depth analysis of things. As I have said this will build over time.
I really like the way this looks. It could change slightly before game time. It was supposed to be done mid February so we are already way behind, of course. I hope to have this completely done soon. I don't know how long the videos will take.
Now to the markets for this coming week.
It does appear to me that if we were to take out Friday's low on Monday in the Russell that would be a good sell signal. It also looks to me like Bonds are going to continue the rally they have started unless we break sharply down Monday. I am watching Cotton for a sell signal, and watching Grains which in my world are setup in both directions, so a trade either way could show up.
I know some of you are enjoying that new setup I introduced in the Newsletter from the emails. I think you will find it very helpful. As it is with anything, so it is with this, don't go hog wild with it and look for it on a 75 tick chart. Look for it in the way I showed it.
Good Trading this week
2 comments:
Among other things, I write and oversee the creative direction on client websites. Believe me, being only a few weeks behind schedule isn't bad. These things always take longer than expected, seems to be the way of the world with them.
Looking forward to the new site, looks like it's going to be nice. Good job.
Any critique would be welcome there is still time to make changes. I like you clean it looks and am working on videos now that should enhance the experience and be helpful.
I am hoping to get this up in two weeks or less from now
Post a Comment