Second August Trade

The following information is for educational and entertainment purposes only. Rio Verde Trading and the author make no claim that anyone can or will achieve similar results in their trading.

August 13: Yesterdays setup is confirmed today. Bought to open 30 IWM at 119.56.

August 14: Sell signal has me selling to close 30 IWM at 120.37. Net profit $20.30, ROI 0.57%

Once again nothing spectacular, a modest profit is still better than a loss. One encouraging thing is trading activity seems to be picking up, this is the fourth trade in less than 30 days. Even with these four trades I was still out of the market most of the time, which reduces risk considerably.