Trading results, November 2016
In July, we decided to open an account and trade using our own indicator — the crowd indicator. So, here are our November results!
We managed to take 43 trades in the preceding month; 22 of them were profitable, and 21 were losing ones.
When it comes to our strategy, we take a diverse approach and focus on various types of trades. As we have already said, we also can get indicators from our best forecasters that show the maximum and the minimum price of the particular stock.
- Thus, 24 trades were based on that signals; most of our trades were short-term stocks trades;
- 13 trades were based on quarterly earnings reports;
- Two trades were based on economic event;
- And, of course, there were 4 election-related trades
No need to say that our biggest profit was on the day when election results were revealed. Our profit was more than 14% in one day. We had bought UVXY (ProShares Ultra VIX Short-Term Futures ETF) before the Election Day and then sold it and bought E-mini S&P 500 Futures right after the election result became clear.
Overall, gross profit was +16.93%. You can see our daily results on the charts below.
Don’t believe in the power of crowd forecasting yet? Sign up for our daily newsletter here.
Happy trading,
Cindicator team
Risk Disclosure. Everything we post is for educational purpose only. Futures, options, equity and currency trading involves the risk of loss. Any opinions, news, indicators or other information contained in our blog is provided as general market commentary and does not constitute investment advice or recommendation to buy or sell any type of security, futures contract, or foreign exchange contract.
