After a couple of weeks of basically break-even returns, I saw my daily setups do quite well for 8/25 through 8/31. Surprisingly two of the four short setups were profitable while the other two got stopped out. However, the four long setups saw two of the picks with gains in excess of 13%. Only one of them had a negative return. The profit/loss ratio was an astounding 5.4:1 which I’ll take every day of the week.
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).
Below is the performance table in detail.
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