91% of currently open trades are profitable. The average holding period is 11 calendar days with an average profit (including losing trades) of 7.5%.
Including trades closed so far in February 82% of all trades were or are currently profitable. The average holding period is 13 calendar days with an average profit (including losing trades) of 7.2%. The S&P 500 has lost 6.6% over the last 13 calendar days.
The screening algo generated no potential longs and 14 potential shorts for Tuesday. I added no longs and no shorts to the list. After closed trades there will be 1 long and 20 shorts on the list. I continue to tighten trailing stops on both shorts and the 1 remaining long as the decline progresses.
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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