I have added no longs and no shorts to the list for Friday. After closed trades there will be 7 longs and 10 shorts on the list.
I have tightened stops on the longs as key support levels and inflection points become apparent. I been adding stops to the shorts as they start to move. Newer picks need a little wiggle room to make initial moves before establishing stops.
Including open trades and those closed so far in February, 68% of all trades have been profitable. The average profit (including losing trades) is 3.5% over an average holding period of 12 calendar days.
Here is today’s updated list including new buys, sells, short sales, cover shorts, and updated stops, as well as performance metrics for this month.
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