The trades are selected based on 30m / 5m alignment of Aurora Trading System signals on our watchlist of stocks and ETFs.
We realize that with an alert service there is a short delay in sending out the alert after identifying the trade. Alerts are being sent in under one minute from identifying the trade. FAST!!
Despite how quickly the alerts are being sent, it is likely that once you receive the alert and enter the trade you may have some slippage (the difference between the alert price and your fill). Some slippage is favorable (you got a better fill price) and some slippage is unfavorable (you got in at a higher price than the alert).
What should you do if the price is different than the alert? I suggest you take the trade.
When we created the service based on the performance of the Aurora Trading System signals, we referred to the history of performance on our watchlist of stocks and ETFs. We knew what a reasonable expected movement would be on the underlying stock/ETF. We set profit targets for the alerts based on those anticipated movements……with one adjustment. The alerts are using a profit target that anticipated some potentially unfavorable slippage in the fill price. This is why we are confident that clients are able to take profits even with some slippage.
My Trades
I am taking the alerted trades simply based on the alert. I am not aware of which stock or ETF is being selected. I am doing this to measure the experience each of you should have. I have had slippage, both favorable and unfavorable but I took each trade without concern for how much the price has moved. (Of course that decision is a personal choice and each of you will need to do what you feel most comfortable with).
The alerted trades produced $1,800 of profit. My trades, produced $1,285 of profit. There were a couple of trades that had slippage so once the price hit the alerted exit, I took it off for a smaller profit…..but still a profit.
For a service that is charging $97 for the month, I am delighted with the performance! I hope you are too!!
The following is a table of profit targets, and number of contracts we are trading, this is also available to view anytime on the performance summary website.
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