Note – this is not a performance record. I do not make recommendations in the Subscriber Letter. This is simply a listing of trade ideas. Past performance is not necessarily indicative of future results. March may turn out to be the best month ever.
A few notables I should point out:
First, some trades ideas are scaled in to. Therefore you may see more than one position in the same security on at the same time. If the method calls for scaling in, it is most commonly done in up to 3 parts.
Subscribers also receive intraday updates on many open trade ideas. The intraday updates are not reflected in the overall statistics. For instance, I sent out an update on the XLV and PPH trades above on the morning of 3/7 when they gapped up. It indicated that certain targets had been reached and traders could consider exiting these trades prior to the Monday open when the “official” exit prices would be determined. Both trades were profitable at the time of the update. A similar scenario occurred with a few stock trades during March as well, where late-day selloffs and gaps down caused hits to the official stats, while many subscribers were able to fare much better.
Those interested in checking out the Letter in more detail may shoot an email to QuantEdges@HannaCapital.com and receive 3 free issues. Just include your name and email address.