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The strategy exited my FXI trade at the close. I intended to make it a longer term position play, but it reverted nicely today. The nice feature of the strategy is that regardless of any manual entries I may make, it will still exit the position when exit conditions are met. Kind of “set it...

Getting long iShares FTSE China 25

I am relieved to be breathing again for the month. I gotta say, the strategy really pulled a rabbit out of its arse to come back from an 8%,~$5000 DD. I am seriously considering taking the rest of the month off, as I bailed on all of my positions today. I made a $5,000 contribution, which is...

The calculation I am using for current draw down is unrealized loss divided by current net equity. I will likely stop reporting it as I can now see the confusion it will cause. I use it as a reference as to how far I am from current net gains. I prefer to think in the now and forget about...

Total Net Profit ($2,118.22) (Per Share) ($0.13) Gross Profit $5,409.80 Gross Loss ($7,528.01) Profit Factor 0.72 Total Number of Trades 133 Percent Profitable 51.13% Winning Trades 68 Losing Trades 65 Avg. Trade Net Profit ($15.93) Avg. Winning Trade $79.56 Avg. Losing Trade...

To tell the truth, I was not at my computer too much today, and when I checked on it around noon, I was shocked to find the Dow down nearly 200, and especially after hearing the talking heads yesterday saying the bounce would be short lived. I guess they get it right every now and then. My...

I will respond to DGunz and benw in a single post if I may. I was still down $1200 on the 14th, so I did not quite make it all back. A good chunk of the reversal came from JCP, which I was down $1000, but closed it out for a $700 gain. I had also bought several positions on the 12th and 13th...

Had I not discretionary traded the past month or so, my strategy would be punching thru new equity highs today. The dead cat bounce was what I needed to exit several positions to bring my market exposure down to 50%. I am still down $1200 dollars for the month, so the strategy still has some...

Total Net Profit ($4,401.82) (Per Share) ($0.40) Gross Profit $2,792.45 Gross Loss ($7,194.27) Profit Factor 0.39 Total Number of Trades 87 Percent Profitable 47.13% Winning Trades 41 Losing Trades 46 Avg. Trade Net Profit ($50.60) Avg. Winning Trade $68.11 Avg. Losing Trade...

Leveraged is utilized at times when signals are firing off in great numbers. Of course, the leverage increases % gains as well as losses, i.e., volatility. To my strategy, a signal is just a signal. It does not try to determine if more signals equals higher win rates. I would suspect that...

I chose to set the bar a bit high of "no losing months" for the challenge. Back testing demonstrates that I can expect 1 or 2 negative months per year, but the losses are generally in the 1-2% range. While my strategy is “long only”, I think it is a stretch to think of it that way. With...

Thanks for bringing that up GekkoToBe. I think overall I correlate more to the Russell 2000, especially the past few days. I just checked that index and it is down 9% from its April 29 high, almost the same as me. Occasionally I find myself overweighted in a sector such as metals, oil...

I wanted to give an update for those following along, and to put in writing what I am thinking at this time of market correction. Presently, the stratagem is taking it in the assets. Draw down is hovering about 10%. It should be more like 9%, but I bought 200 shares of ZUMZ outside of the...

Thanks for the kind word, Camdo. I know my journey will have its ups and downs, so I just roll with it. Kind of like knowing you can’t change the weather, but you can adapt to it each day. I view the markets as a phenomenon of nature; Always in motion, ranging from very delicate changes to...

Engaging multiple targets…

On a roll here... So here is another chart I came up with. It is the number of signals generated on a daily basis for the past few months. It illustrates why being in the markets 100% of the time may be ill advised. You will not be able to take advantage of the dips with rtm trading if you...

Thanks d08, I was flat going into the week, then net short during the big drop on economic worries. I have been scaling in the past couple of days, per strategy. Biggest losers for me right now include ZUMZ and JCP, both retail. I like Zumiez Inc on a fundamental basis, so I still have hopes...

Thanks shortie! It's always nice to hear from long time ET members. I noticed how font size varies depending on the computer I log into. I will just leave the font size code out. Let me know if that improves things, please. I use different fonts for variety and coding practice (I like to...

This is monthly net profit YTD. May ended with a surprisingly nice net profit in view of the errors committed by me. Using a 10% stop loss earlier in the month hurt strategy performance, as well as my discretionary trading activity. One aspect of my strategy I like is its ability so far to...

Total Net Profit $1,461.13 (Per Share) $0.37 Gross Profit $1,605.74 Gross Loss ($144.61) Profit Factor 11.1 Total Number of Trades 30 Percent Profitable 73.33% Winning Trades 22 Losing Trades 8 Avg. Trade Net Profit $48.70 Avg. Winning Trade $72.99 Avg. Losing Trade ($18.08)...