Friday, May 22, 2009

The Art Of Trading Alerts Service Performance For The Week Of May 18th

I was not happy with this week's performance. Started out very well and crapped out late wednesday and thursday. WHY? Simple ANSWER: Over trading and fighting the tape! Ironically: these are two things i RARELY ever do. Mistakes will happen(a lot!) in trading.

I know exactly what i did wrong and I will make the necessary tuning and adjustments to get back on track.

This is the 7th week i have been running this service and this is my 2nd down week. 5 up weeks but more importantly as long as i manage to take losses in a controlled and professional manner, i will always have many positives to take away from a bad week.


I will take my losses but remember that trading is a long journey which it's fruits are not enjoyed in one day's or one's week's results but over a period of many months.



LONG/SHRT Symbol Entry Price Exit Price % Profit/Loss
Holding Period







long nfx 32.64 32.9 0.8
day trade
long pcx 8.77 9 2.62
swing trade







long slg 22.4 22.8 1.79
swing trade
long zion 16.25 15.5 -4.62
day trade
long cpx 6.8 7.21 6.03
swing trade







long asia 19.7 20.12 2.13
day trade
long pal 2.77 2.7 -2.53
day trade
long thqi 6.09 6.21 1.97
day trade
long sgy 7.83 7.7 -1.66
day trade
long coin 1.57 1.53 -2.55
day trade
long thqi 5.99 5.82 -2.84
swing trade
long ico 3.18 2.9 -8.81
swing trade







long TNA 24.75 24.07 -2.75
day trade
long jrcc 21.05 20.63 -2
day trade
long tza 29.56 28.74 -2.77
day trade


So on a $100,000 account and using $10,000 into each alert: This week saw a loss of $1300 which is a very acceptable draw down in my book but i am definitely not happy and know i can do much much better.

Next week, i will be going back to basics

2 comments:

  1. When were your trades made? And how do you know what exact prices you got? Did you get prices off of a chart or are they actual prices in your account? Thanks.

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  2. hi mo.

    look carefully at the space between the trades. the wider spaces is the different days. for example: NFX and PCX were on monday. SLG, ZION and CPX were on tuesday. etc etc. These are trades i executed personally.

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