IPM Trade Matrix Trade 10 has been exited as aggressive trailing stops were hit.
Cost basis for TNA = 64.7
Exit Level = 69.5
Total Profit = 7.4%
Following chart shows the performance of IPM trade matrix in 2014. All trades have been documented on the blog.
There has only been 1 major negative trade. This trade allowed us to learn about WIIW concept. In back testing, this concept was validated over the past decade. Hopefully, this understanding will improve our future results.
For now, we are on the sidelines. There might be a small options trade before the next IPM turn window. Timing details will be emailed to subscribers this weekend.