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Posted On: 05/10/2020 12:58:36 PM
Post# of 4488
James Mason Talks Accuracy of the TT Blackbox Swing Trade Alerts
As the creator of the TT Blackbox, I would like to show you how accurate the swing trading results are outside of major global macro events. Going back to 3-20-20, which would be two weeks ago as I write this. The markets stabilized somewhat, at least in the context of not having global events that would skew the results in either direction for swing trading alerts.
These results show why I tell everyone how to best trade these alerts, and that is…
1. Always buy time on your option contracts. I always recommend 3-4 weeks left until expiration…
2. Scaling in! I let my winners run without scaling in, and I’ll wait two days before I start to scale into my losers.
3. For the swing alerts that I take, I enter with 1 contract. When I scale into the losers, I scale in with 1 contract a day until the trade works in my favor, or until the swing trade category changes and goes against me.
4. For smaller accounts you don’t have to scale into the losers every day, you can wait 2-3 days for your entries.
Again, as the creator of the TT Blackbox, this is how I recommend using the swing trade alerts. You can even wait a few days to find the swing alerts that are moving against the trade and start making entries that way.
Below will show a win rate of 92%… there’s no disputing how accurate my algorithms are.
3-20-2020
Bullish $FIVE alerted at $54.84 hit high of $81.42
Bullish $H alerted at $48.54 hit high of $57.40
Bearish $ALV alerted at $43.23… currently at the two-week mark, price now at the close of 4-3-20 is $40.47. Waiting for a breakout!
Bearish $FTDR alerted at $34.36 currently at the two-week mark, price now at the close of 4-3-20 is $30.50. Waiting for a breakout!
Bearish $MIDD alerted at $47.07 hit a low of $41.73 in the next trading session.
3-23-2020
Bullish $C alerted at $35.52 hit high of $46.49
Bearish $COST alerted at $286.84 two days later hit low of $279.21
Bearish $MIME alerted at $31.13, the current price at close on 4-3-20 is $30.59 with 4-6-20 its two-week mark.
Bullish $DNKN alerted at $42.48 hit high of $56.74
Bullish $CRUS alerted at $55.13 hit high of $59.20. On 3-24-20 there was a Bullish/Bearish print at 14:00pm CST which means indecisiveness.
Bullish $CLH alerted at $40.02 hit high of $53.04
Bullish $MANH alerted at $43.09 hit high of $44.31. On 3-24-20 there was a Bullish/Bearish print at 10:00 am CST which means indecisiveness.
Bearish $BFAM alerted at $87.20… 4-6-20 will be the last day for setup to take place. The current price at the close of 4-3-20 is $91.10. This might drop on 4-6-20, but during the writing of this, I will grade it as a loser.
As the creator of the TT Blackbox, I would like to show you how accurate the swing trading results are outside of major global macro events. Going back to 3-20-20, which would be two weeks ago as I write this. The markets stabilized somewhat, at least in the context of not having global events that would skew the results in either direction for swing trading alerts.
These results show why I tell everyone how to best trade these alerts, and that is…
1. Always buy time on your option contracts. I always recommend 3-4 weeks left until expiration…
2. Scaling in! I let my winners run without scaling in, and I’ll wait two days before I start to scale into my losers.
3. For the swing alerts that I take, I enter with 1 contract. When I scale into the losers, I scale in with 1 contract a day until the trade works in my favor, or until the swing trade category changes and goes against me.
4. For smaller accounts you don’t have to scale into the losers every day, you can wait 2-3 days for your entries.
Again, as the creator of the TT Blackbox, this is how I recommend using the swing trade alerts. You can even wait a few days to find the swing alerts that are moving against the trade and start making entries that way.
Below will show a win rate of 92%… there’s no disputing how accurate my algorithms are.
3-20-2020
Bullish $FIVE alerted at $54.84 hit high of $81.42
Bullish $H alerted at $48.54 hit high of $57.40
Bearish $ALV alerted at $43.23… currently at the two-week mark, price now at the close of 4-3-20 is $40.47. Waiting for a breakout!
Bearish $FTDR alerted at $34.36 currently at the two-week mark, price now at the close of 4-3-20 is $30.50. Waiting for a breakout!
Bearish $MIDD alerted at $47.07 hit a low of $41.73 in the next trading session.
3-23-2020
Bullish $C alerted at $35.52 hit high of $46.49
Bearish $COST alerted at $286.84 two days later hit low of $279.21
Bearish $MIME alerted at $31.13, the current price at close on 4-3-20 is $30.59 with 4-6-20 its two-week mark.
Bullish $DNKN alerted at $42.48 hit high of $56.74
Bullish $CRUS alerted at $55.13 hit high of $59.20. On 3-24-20 there was a Bullish/Bearish print at 14:00pm CST which means indecisiveness.
Bullish $CLH alerted at $40.02 hit high of $53.04
Bullish $MANH alerted at $43.09 hit high of $44.31. On 3-24-20 there was a Bullish/Bearish print at 10:00 am CST which means indecisiveness.
Bearish $BFAM alerted at $87.20… 4-6-20 will be the last day for setup to take place. The current price at the close of 4-3-20 is $91.10. This might drop on 4-6-20, but during the writing of this, I will grade it as a loser.
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