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This week was greatly profitable with a 3% overall account return on 25 Trades. Our system proved to be even more profitable this week including some Options Trades and Swing Trades. Staying focused and patient with strategies that work for you is key to consistent results, demonstrated by our pros every month. Check it out below.
WEEKLY PERFORMANCE
+$16.10Net per share / +2.99% Return on Capital Employed (ROCE) (Below are simulated results on a $100K account, PnL resets at the start of each month)
PROVEN HISTORICAL PERFORMANCE
We tabulated all of our live trades and applied them to a hypothetical account starting with $100,000 and have kept up with our calls consistently since. Each year our portfolio will be reset to $100K. The entries, exits, and net points are real. Position sizes are normalized. Learn more and review raw data at TrueTrader.net/results
TRADES BREAKDOWN
25 Trades, 15 Win and 10 Loss
Key: *Options Trade
TRADES OF THE WEEK
TSLA - @Linusk
A simple yet powerful setup. @Linusk absolutely nailed the bounce play on $TSLA on the opening flush into the prior day's resistance. This trade might look crystal-clear in retrospect, however patiently waiting for an A+ setup and understanding price action were essential skills in this trade, and @Linusk was ready.
FDX - @Luigi0411
Fedex was quite outstretched and was approaching some great levels on the daily chart. The initial idea was to start at $197s with anticipated adds at $195.50s and to stop below the mid-$192s. A rather straightforward trade with an outstanding risk/reward ratio and it played out just the way Luigi wanted.
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TrueTrader is not for everyone. We are not a get rich quick group. We do not pump stocks. We stay away from penny stocks or low liquidity stocks. Our mission is to help teach new traders a life-long skill and experienced traders one of the most consistent and low-stress strategies for day trading. Consistent base hits, 1hr per day.
Members enjoy a large host of benefits including:
Daily 1hr Live Stream with trades called out AHEAD of time
Access to a daily morning report with high-probability stocks and levels
Five powerful scanners including pre/after hours, spikes, support/resistance, small cap, and swing scanner
FREE Benzinga Pro News Squawk
Direct access to several multi-million dollar pro traders
24hr access to a professionally moderated full-featured chatroom
Weekly market preparation reports
A supportive and mature trading community that carries each other forward. We care about your success and pull out the stops to get you there.
Trading is risky. Most traders lose money. Results not typical.
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