Hello everyone.
It’s been another month of highs and lows in the market and it’s come to that time of the month again – a performance review for AIRESCAN. If you missed our previous review for the month of June and July 2022, you can check it out in this post.
As usual we’ll quickly go through a few things you should know about our system.
How does our AI work?
So basically our AI pick stocks daily and our system ensures that profits are taken on the same day. If for whatever reason our picks stays in the market, our system may adjust the TP so that it can exit the next day. Sometimes you may see changes in the EP. As advertised, for subscribers following our stocks, they get updated with real-time changes from our system, depending on the market conditions.
How do we evaluate our AI performance?
Profit or loss – Number of stocks that profited during the market session. Or the number of stocks that hit our stop loss.
Direction – Although we don’t count the stocks towards our monthly performance, we do take note whether the stocks we picked were in the right direction (PNDJ) or the wrong direction (PND), where in both cases the stocks did not enter the market.
Withdrawn stocks – Stocks that were withdrawn by our system due to gap in opening prices were also recorded.
Our picks for this month were as below:
Overall Performance for August 2022
Overall Portfolio Gains since March 2022
Win rate = the percentage of profit over the stocks traded in the particular month
Return = total actual profit gained
Cumulative returns = accumulated profit from March 2022
Against major market indices
S&P Index : -4.24%
NASDAQ : -4.64%
DOW : -4.06%
*Source: https://countryeconomy.com/stock-exchange
August has been a good month for our picks, with a return of 14.89% compared to the 4% losses across all indices. Overall, we’re satisfied with our AI’s steady performance and are confident we can maintain a high win rate throughout. Stay tuned for our daily stock reviews.
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