Member-only story
There are just a few things I wanted to talk about regarding the PowerX Optimizer and the current market conditions. We’re going to take a look at the top 10 trading lessons learned from the last few months of trading this strategy.
Let’s first talk about my TastyWorks account that I trade in my YouTube series Coffee With Markus. As you know, in this account I’m only using the PowerX Optimizer to select trades.
This strategy tells me what stocks to trade, when to enter the trade and when to exit the trade.
So far using this strategy, I’ve taken a total of 38 trades since we began trading this account.
Out of those 38 trades, 24 of the trades have been closed at a loss. 7 of these trades are still open and profitable and 7 have been closed with a 23% profit.
One of the things you’ll notice about using the PowerX Optimizer is that your losses are always very small.
In this account, my average losing trade is half the size of my average winning trade.
Even with the current market conditions, this account has only lost $1,917.00 and we still have 7 open trades with an unrealized profit of more than $500.
