Good evening, Jay here.
As you know I’m doing a real-world case study on how to grow a $2,000 balance.
I analyzed my trades today so I can lean into what’s working and fix what’s broken.
Let’s have a look.
My current $2k challenge is at $18,488.
Trades: 74
Wins: 64
Losses: 10
That’s an 87% win rate.
That is across just over 3-months from November 13, 2023 through the present.
Don’t you think this would be a great thing to learn how to do in 2024?
I’m on a mission to design the best strategy possible and teach it to others.
It’s going very well.
Members enjoy the $2,000 Small Account Journey.
When learning to trade a new strategy, transparency, and explicit details are extremely important.
That’s why all trades are alerted to subscribers’ smartphones moments before my entry and exit.
Strengths and weaknesses.
4 of my 10 losses are on bear calls betting against strong stocks like NVDA and SMCI.
These aren’t my typical 10-day EMA trades.
3 of my 10 losses are on TSLA bull puts during the downtrend looking for an oversold bounce.
These aren’t my typical 10-day EMA trades.
So of my 10 losses, 7 were when I didn’t follow the simple 10-day EMA strategy.
I think that data is very useful for you to understand.
My stop loss strategy has improved significantly since I started using double my entry as the barometer.
I’ve debated starting new $2,000 balances but what members tell me is that since all the trades are the same, it doesn’t make a difference to them.
So I continue to try and grow my current balance, up 824% to $18,488 as high as I can.
I guess my goal is $100,000 but there’s no guarantee I’ll get there.
I’m averaging 5.3 trade alerts each week right now and 76% of them are swing trades meaning they were held overnight.
So 18 day trades out of the 74 alerts.
A balance under $25,000 would be allowed 42 day trades in that time frame. This means the $2k challenge could do more day trades if I thought it useful.
But I don’t because I want to be in swing trades since the idea is to collect time decay from option buyers.
My goal is to keep my win rate high while managing my losses when they do come.
All things being equal, as the balance gets bigger the account growth tends to be faster.
President’s Day Sale
Eat…sleep » trade!
P.S. I want to point out that I cannot speak for my members’ performance, as results may not be typical and trading is HARD. And I cannot guarantee you will make money, but what I can guarantee is that I will work my BUTT OFF to teach you WHY I trade WHAT I trade.
DISCLAIMER: To more fully understand any Ragingbull.com, LLC (“RagingBull”) subscription, website, application or other service (“Services”), please review our full disclaimer located at https://ragingbull.com/disclaimer.
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers’ trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.
*Sponsored Content: If you purchase anything through a link in this email other than RagingBull services, you should assume that we have an affiliate relationship with the company providing the product or service that you purchase, and that we will be paid in some way. We recommend that you do your own independent research before purchasing anything. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals.
RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.
