Friday, May 26, 2017

Lizard Initiative SCOREBOARD:
Day: 14 | Missed Days: 1 | Trades: 25 | Wins: 15 | Losers: 4 | Washes: 6 | Day: -1500 | Cumulative: 7389

Straddle Initiative SCOREBOARD:
Day: 13 | Missed Days: 0 | Trades: 4 | Wins: 1 | Losers: 3 | Washes: 0 | Day: 0  | Cumulative: (144)


DIRECTIONAL Initiative SCOREBOARD:
Day: 13 | Missed Days: 0 | Trades: 5 | Wins: 1 | Losers: 3 | Washes: 2 | Day: 0  | Cumulative: 500
 
 


Neutral Initiative SCOREBOARD:
Day: 14 | Missed Days: 1 | Trades: 2
  | Wins: 1 | Losers: 1 | Washes: 0 | Day: 0 | Cumulative: 382

Results:

--4 winners, 1 MAJOR loser today, close to max loss. Negative for the day because of this guy! I need to find a way to reduce the frequency of these massive losers even further. Based on previous earnings data, DECK was far more likely to move down massively than up. But move up it did, around 17% while the straddle predicted a 8.6% expected move.

COST, GME, SPLK, ULTA: ~$4K
DECK: -5.5K (this is a few 100 more than actual loss at time of writing)
Total: -1.5K

Hint: to reduce losses, don't trade names which have a history of ridiculously massive moves in the last 2 years relative to the expected move...well, that doesn't really work perhaps. Let's just keep trading and see how things bear out. 
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Nothing I can find to trade via Finviz

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