The five trade setups that I posted from 8/11-17, had barely a positive edge to it. The biggest winners for the trades recommended was shorting GILD, and going long on CDNS. The worst of the bunch was FLO, which was just a product of bad timing. Not every week, will I be profitable at this, and for this week in particular, you basically made back your commissions.
I will not evaluate the previous 5 trade setups until next week, when they have had some time to establish a performance record. Instead for this write-up, I will focus only on August 11-17.
For the purposes of this exercise, I took the price at the market open that day I issued the stock pick (which typically isn’t my preferred time to initiate a trade, personally), and looked at the gains, had I held up until today (unless the stop-loss was triggered, then I consider that the exit-point).
