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REAL-MONEY Trading Results for Mentor Mike’s POV 2.0 System for Thursday, 4/2/15

02 Apr Posted by in Mentor Mike's Market Movie | Comments Off on REAL-MONEY Trading Results for Mentor Mike’s POV 2.0 System for Thursday, 4/2/15
REAL-MONEY Trading Results for Mentor Mike’s POV 2.0 System for Thursday, 4/2/15
 

Today there were 25 contracts auto-traded in Pacific Trading Academy’s POV*account at Striker. They earned a REAL-MONEY PROFIT of $62.50 net of a $20 per contract transaction charge.

“Mentor” Mike Bridges’ calls his system for day trading the S&P Emini futures, “POV” – standing for Price, Oscillator and Volume. The goal of POV 2.0 is to earn a daily average of $1,000+ trading 9 ES contracts. This requires a daily net profit per contract of $112.50. Today’s results = $2.50 per contract.

Why boast about so small a gain? Because losses are inevitable. It is how you deal with them that counts. Many traders who suffer a losing trade fall into a depressed heap and lick their wounds. In POV 2.0, we keep a cool head, apply our proprietary CFB (come from behind) mode and get back in the money as we did today.

Today’s Chart

Here is today’s screen capture.  Please click on the chart to make it larger. Chart #1