Monday, February 6, 2023

Jan 30 - Feb 03, 2023 Weekly Performance Report

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

Jan 30 - Feb 03 Weekly Review


Despite the challenging start to the week, we remained steadfast in our commitment to risk management and ultimately closed the week breakeven. However, the real standout achievement was the strong finish to the month. This is a testament to our team's resilience, determination, and remarkable ability to adapt to changing conditions. 


5-day Performance
S&P 500 +1.64%

Dow Jones -0.19%

TrueTrader -0.03%

WEEKLY PERFORMANCE

+$6.76 Net per share / -0.03% 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

29 Trades, 20 Win and 9 Loss

Top Trades Of The Week

Symbol: $ANET (Entry: $133.50 | Exit: $131.30 | Net: +$2.20; +1.65%)
Symbol: $SPY (Entry: $403.60 | Avg Exit: $402.28 | Net: +$1.32; +0.33%)

The Ultimate Risk Reward Indicator!

Watch the full indicator tutorial

The Ultimate Risk Reward Indicator for TradingView is a tool that provides traders with valuable information in real time. By instantly displaying the ideal risk reward ratio for any trade, it makes it easier to make informed decisions and manage risk effectively.

Earnings scheduled for the week of Feb 6th 


$ENPH $PYPL $ON $UBER $DIS $TSN $RCL $CVS $PINS $BP $ATVI $CMI $PEP $ABBV $CMG $TTWO $NBIX $CNA $IDXX $AMG $NET $ENR $CG $FTNT $RTCO $HTZ $AFRM $ALCO $TKR $CGC $APPS $HOOD $WEN $AGCO $CNC $NSSC $LYFT $SWKS $D $ZI $J $SAVE $YUM

MEMBERS ONLY

Chatroom Highlights

Understanding Price Discovery Phase

Read the full discussion here: Chatroom Thread

Interesting discussion on adding to your position

Click the Image to view Chatroom Thread

How to read what the author is writing...

Click the Image to view Chatroom Thread

New additions to our library  


1) Sympathy Pairs - read full article
2) Anchored VWAP: A Strategy Breakdown with Adriano - read full article

Member Event

Meeting invite link (9 p.m. ET)
Our options team holds a open mic session every evening (except Saturday) at 9pm ET. These sessions provide an opportunity for individuals to ask questions and discuss any topic related to options trading. These meetings are highly informative and beneficial for anyone interested in learning more about options trading.

Get 25% Off a Year with TrueTrader for w/ code "YOUTUBE"

Use code: YOUTUBE 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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