After closed trades there will still be no longs and 14 shorts on the list. It’s not comfortable to have no longs, but there are still no clear low-risk long setups. There are also few on the short side.
I continue to adjust trailing stops on the shorts as appropriate based on changes in the charts.
93% of open trades are profitable. The average holding period is now 15 calendar days with an average profit (including losing trades) of 8.7%.
Including open trades and those closed so far in February, 72% of all trades were or are currently profitable. The average holding period is 13 calendar days with an average profit (including losing trades) of 6.1%. The S&P 500 has lost 8.8% over the last 14 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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