Not quite sure how it happened as typically i'm up or down with a couple of trades but there was only one trade I got into and it was a par. There were other "signals" but they all kind of blew away so I passed on them.
I'm really trying to work on taking the best opportunities rather than every opportunity and I think its helping a lot in my trading.
However, today brought our 1 week experiment to a close. I think the results are very realistic (and they certainly represent the actual trades offered up the past week). Was everyday a huge winner? Nope. Was any day a huge loser? Nope. Some days were better than others, losses occurred, wins made up for them, and pars were scattered in between. But overall the method remained consistent.
Did it produce 10 points a day? No - but it wasn't designed to. It takes whats offered in the most consistent and probable manner and with a heavy focus on low risk situations and getting to par in a very conservative manner.
The end results were this:
Wednesday, +340/per
Thursday, +90/per
Friday, +70/per
Monday, +210/per
Tuesday, +0/per
Wednesday, +0/per
This represents a 3550.00 increase on the $25,000 account in 1 week or a 14.2% increase. Our win rate was well north of 70% and all of the trades were done using relatively small initial risk factors on purely intraday trades and small timeframes.
Is it perfect? No. But it represents the best method i've ever come up with.
Cheers!
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