With the choppiness that we have seen of late in this market, it is somewhat difficult to pocket any significant amount of gains in any one stock, unless you are playing earnings (which is a roll of the dice at best). Overall though, this week’s performance review has turned out quite nice. Though you will never get the optimal amount of profits, there was, nonetheless, plenty of opportunity to profit in between. The best trade by far was the short in Allied Nevada Gold which is currently up 10% with 18% optimal profit. On the long side SNDA has seems to be finding some buying interest.
For the purposes of this exercise, I took the price at the market open the day I issued the stock pick (which typically is the worst time to be starting a new position in my opinion), and took the share price of the stock, had I held it up until today (unless the stop-loss was triggered before then, at which I would consider the stop-loss to be the exit-price). I have also provided the optimal or the most that could have been made during this trade. With some simple risk management techniques, you should be able to capture a large portion of the profits relative to the optimal gain.
This performance review is different than the SharePlanner Swing-Trading System. For a review on its performance, Click Here.
Below is the performance table in detail.