Closer to expectations

My so far favourite service trial...I'll name all these another time.

Same basic criteria as last time, different service.

Total trades = 83, 46 winning trades, 20 greater than a 100% return, some over 200%

$5000 account MLA = $120 (not including commissions)
Position size = maximum $120 trade value (many 15, 25 cent range, single contract is silly)
today's balance = $5,265
MLA = suggested exits
today's balance = $4,343

Tinkering with MLA and reducing it to $120 commission included yields $5,669

$10,000 account MLA = $120 (not including commissions)
Position size = maximum $120 trade value (many 15, 25 cent range, single contract is silly)
today's balance = $5,265 (no position size change so no real change expected here)
MLA = suggested exits
today's balance = $9,343 (no position size change so no real change expected here)

$10,000 account
MLA = $120 (not including commissions)
Position size = double position size (the win rate goes up to 47)
today's balance = $12,092
MLA = suggested exits
today's balance = $10,248

Tinkering with MLA and reducing it to $120 commission included yields $12,900

$20,000 account MLA = $120 (not including commissions)
Position size = quadruple sizing
today's balance = $25,746
MLA = suggested exits
today's balance = $22,058

Tinkering with MLA and reducing it to $120 commission included yields $27,362

The claim to fame is a little over what I see produced but this is only part of the service as I was unable to use any of the selling features (naked puts and spreads) which netted more gains yet, it also is only the basic service that they provide, I signed up for the pro service as well and they are operated independently, for the most part. In my actual trading so far each portion has returned the same actual cash amount and, seeing as cashflow is my target, they both serve the purpose.

I could reduce commission costs by only trading one side and just doubling my sizing but I like really active accounts, so for now I will stick with both services through the trial.

When I tinkered with the MLA and reduced it by $30 per trade the profit margin went up, substantially. I may have been knocked out of a trade or two due to whipsaws and this may reduce the effectiveness somewhat but it give s a good indication of what could be achieved with a little trade management. As it is I have bought lower and sold higher than the recommendations frequently enough to be worth the effort. Today I closed a trade for $30 more on a single contract than the recommendation suggested...I placed a limit then changed it to a market when the limit was not reached but while the price was at it's apparent peak for the morning.

Jeff.