The Performance Coaches ended their seven-day winning streak with a $287 loss today. The trades just didn't work out how they expected from the start. Their first trade - short the Emini S&P 500 ($ESZ7) was stopped out in the first couple minutes due to a tight, 2-point stop. However, when prices failed to rally, they re-entered the short. Initially, that trade worked out in their favor - going five points in the money. However, the sell-off didn't last, and the trade eventually hit their stop.
Here's what those trades looked like reported in real time.
If you want to follow the Coaches' trades on Twitter (@topsteptrader), you can use #CoachesCombine. Here's how we reported them today.
As a reminder, trades are not recommendations and we do delay the Twitter feed by 15 minutes.
Total performance for the day, including fees and commissions: -$287.22. Balance is $50,601.43. For more, check out their Trading Combine dashboard below.