*many are thin small cap names.
Posted early entry 3 days ago. I will be watching the 30ish pivot as a continuation trigger.
Jan-Feb: 13wins / 23trades = 56% win rate.
Avg gain 2.44 r
Avg loss .94 r
Below is a column of the R multiple distribution in order for all trades closed so far this year.
Risking $1,000 or 1% of a hypothetical $100k account per trade would have seen a return of 22.2r or 22.2% in just 2 months with a win rate right over 50%.
The most important aspect of a system is the execution, risk management & position sizing which can make any system a winner or a loser.
To better understand the impact and importance look into the work of Van Tharp.
Looks to be putting in a bottom. Confluence w/ prior breakout, bullish shakeouts and volatility contraction all present.