Trade Setup Performance Review
Huge week for the Daily Long and Short Setups that I give you on a daily basis. We had a blowout of a stock return in the form Harvest Natural Resources (HNR). Which is currently up 44% since I recommended it back on 9/24. I also had a pretty good deal of success with my short positions with Urban Outfitters (URBN) falling 9.1%, and Lockheed Martin (LMT) falling 2.2%. On the week, my long picks averaged 9.5% and my short setups averaged 1%. These are the types of weeks that make a huge difference in the overall performance of the portfolio. Great week to say the least!
For the purposes of this exercise, I took the price at the market open the day I issued the stock pick (which typically is the worst time to be starting a new position in my opinion), and took the share price of the stock, had I held it up until today (unless the stop-loss was triggered before then, at which I would consider the stop-loss to be the exit-price). This is different than the SharePlanner Swing-Trading System. For a review on its performance, Click Here.
Here is the performance table in detail.