Saturday, October 29, 2022

Oct 24 - Oct 28, 2022 Weekly Performance Report

Couldn't tune in every day? We got you. Here's our trade report for the last week. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Oct 24 - Oct 28 Weekly Review

 

This week was another profitable week for True Trader, gaining 3.43% Return on Captial Employed. We are consistently making gains and staying disciplined to ensure capital is preserved. Check out the stats below.
 

5-day Performance 
S&P 500  +3.50%

Dow Jones +4.45%

TrueTrader +3.43%

WEEKLY PERFORMANCE

$10.62 Net per share / 3.43% 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

38 Trades, 28 Win and 10 Loss

Key: *Options Trade

Weekly Highlights

If you had looked at the individual trades section, you would have seen that we had a monster week in trading options. Accounts for almost 80% gains only from trading the first 60 minutes. For context and to demonstrate how consistency adds up, here is a table with only the options trades.

10/28 - Linusk caught the flush on $TSLA into the yearly pivot

 10/25 -  Being levelled everyday helps traders to hit hard when opportunities present themselves. A good trading day in the books.

$TRU
$GE

10/24 - Shoutout to Ricky for the $ORCL callout and for walking our room as the trade worked out in real-time.  

Are you an Aspiring Trader? Someone who constantly strive to improve your trading? Then this section is for you!


Only by tracking data can one completely comprehend the strength and weakness of the system they trade. You can clearly see how a professional trader executes their plan with the utmost discipline if you take a step back and observe. It's only when they know the ins and outs of the system they trade. If you are familiar with Rickyanalog, you are aware of his stellar reputation in the trading world for his proficiency in risk management. Here is the last week's tracking results from Ricky of the system we trade. If you're wondering about the types of trades we look for, you can figure it out by identifying a theme in the price action of the tickers in the below list.

Upcoming!

Sunday Prep with Rickyanalog | Tomorrow @ 5:00 PM EST
Only on TrueTraderNet Youtube Channel

MEMBERS ONLY
Newly Added Knowledge Base Articles 

1) HULL Indicator Strategy: Setting your stops is how you define your risk before entering a trade. But how do you determine your stop level? Learn more with the new Knowledge Base article 👉 here
2) Small-cap Momentum Scalp: Adriano shared this strategy for anyone who trades small-cap stocks. Learn more 👉 here
3) Data tracking highlight from this week 

Get 30% Off a Year with TrueTrader for w/ code "LONGHAUL30"

Use code: LONGHAUL30 at checkout (applies to renewals too!)

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:
  1. Daily 1hr Live Stream with trades called out AHEAD of time
  2. Access to a daily morning report with high-probability stocks and levels
  3. Five powerful scanners including pre/after hours, spikes, support/resistance, small cap, and swing scanner
  4. FREE Benzinga Pro News Squawk
  5. Direct access to several multi-million dollar pro traders
  6. 24hr access to a professionally moderated full-featured chatroom
  7. Weekly market preparation reports
  8. 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.
JOIN TRUETRADER TODAY

Month-to-Month membership. Cancel any time.

Trading is risky. Most traders lose money. Results not typical.

DID WE MISS ANYTHING?
We'd love to hear if you enjoyed this recap or not. Please reply to the email and let us know if there's anything we can do to improve!

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