A email from one of the members who is finding greater success in his trading:
Hi Pradeep,
See February results below. It was a very good month (for me), considering the market and my approach (cautious). I did not reach my 'new' monthly goal, and my average win vs. average loss worsened slightly. But I am getting a little better at committing more $$ per trade when the market/my mind permits. Most positions taken were half size, and as you can see from my win/loss ratio and ave size of win/loss, I took profits quickly, and tried to cut losers even quicker.
You are responsible for most of my gains, your methods and your message. I did sign up with Tumbler, although I knew going in I am not the type to have 3-5 open day trading positions at one time. But, he is very successful, and I reasoned that I can learn something from his methods that will help me and my way of trading.
My approach continues to evolve slowly. I use STIB, inside days, narrow range days, with a little volume analysis thrown in.
Who knows what March and the rest of the year holds in store for us, I can only continue to be true to our methods, keep my mental attitude correct and see what happens.
Thanks for all you do.
Pat
| February Trades | ||||||
| 66 | winners | Total $ | Ave Win | 2.85% | on amount | |
| 59% | $14,112.93 | $213.83 | invested | |||
| 46 | losers | Total $ | Ave Loss | -1.53% | on amount | |
| 41% | -$6,082.24 | -$132.22 | invested | |||
| Total Net | % on 100k | |||||
| $8,030.69 | 8.03% | |||||