Friday Performance Update 6-22-18

As you know, Hit and Run Candlesticks does not issue Featured Trade Ideas on Fridays.  That said, 2 of our trades this week did not execute.  Nothing on either of those charts has changed fundamentally.  So, if either EPC or SDOW trigger an Entry Friday, we will enter those trades as originally planned.

Instead of planning a new trade, we’ll use Friday’s to check the performance of our trades to date, check on our open trades and adjust and positions as needed.

Bear in mind that this update covers the period up through  6-21-18 (only 3 weeks of trade ideas).

As you Thursday was a rough day for the market.  For our account, we were stopped out of one trade (GTN) but stopped out at a profit.  So, no real damage was done.  By using Trader Vision 20/20 to plan and manage our trade risk, we’ve still put $over $2300 in profit away in 3 weeks…doing only one trade per day, taking Friday’s off and having a couple trades not execute.  Not too bad in my book.

If you click the green button below, you’ll be able to watch a video where I review all closed and Open positions, as well as the 2 unexecuted positions that we may open Friday depending on the market.  I discuss each trade and why I adjust my positions using Trader Vision 20/20 software.

Rick is out Friday, but you are welcome to join me in the trading room at 9:10am Eastern as I fill in today.

 

Featured Trade Idea Plan Performance

(As of 6-21-18 Close)

Blog Performance as of 6-21-18

+$2,354.45 over 3 weeks

$784.82/week profit -or-

almost 0.8%/week profit on the Account

Blog Account Trade Log as of 6-21-18 Close

Trade Log as of 6-21-18

 

Note how Trader Vision 20/20 does so much of the work for you.  All of your trades are logged, in incredible detail.  This will allow you to analyze patterns in your trading, identifying problems and improving your performance.  You’ll also be able to get back inside your own head even if you revisit the trade years later.  Having all this information give you the ability to keep improving and reducing the emotional roller coaster that the amateurs face every day!

 

 

 

 

If you’re interested in putting the power to Trader Vision 20/20 to work for you, click below.

 


***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

***************************************************************************************************

Comments are closed.