List performance turned negative last week after more than 2 straight months of weekly gains. Including picks still open at the end of the week, plus those stopped out during the week, the list had an average drawdown of -0.4% on an average holding period of 15 calendar days. That compared with the prior week holding an average gain of 1.8% on an average holding period of 15 days. And that was down from an average gain of 7.8%. We could say that it’s early yet as the transition has been underway to a new set of trades, but that would bely the fact that there just don’t seem to be any good setups around. Non-subscribers click here for access.
Here are this week’s suggestions and updates on prior picks that we are tracking.
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The strategy and tactics opinions expressed in this report illustrate one particular approach to trading. No representation is made that it is the best approach, or even suitable for any particular investor. This is a developmental and experimental exercise, for the purpose of providing experienced chart traders with ideas and concepts to use or not use as they see fit.
Nothing in this report is meant as individual investment advice and you should not construe it as such. These picks are illustrative and theoretical.
This public report is not the full report. Only subscribers have access to the full report and regular tracking of the theoretical picks and closeouts made in the reports. Non-subscribers click here for access.
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