 Hey traders, this is Tosh I go by T Bradley 90 in the my investing club chat today one of our moderators Joe Kelly Who does a weekly Sunday video series, which is a how-to series on many different topics today? We have a very special video on creating an entry and exit system for your specific pattern and while today is just a preview of the full-length video if You want to watch the full length or any of our exclusive content then become an MIC member This week what we're going to talk about is building an entry and exit system with in Excel or Google Sheets, so we're going off of based We're going up based off of data that we have and we have an idea that we want to test and we want to see how Profitable the system is we see that there's an edge there We see that there's a way to make money. Let us now. Let's see if we can create Kind of like a rinky-dink little system for it to find out if we can start to trade the averages if we can start to trade The performance of the actual ticker and did it gap up or did it gap down? Okay, then we have the position in its range. It closed in the upper portion of its range it closed 72 If we were to look at a candle and we were to draw a candle we said that this is zero and This is 100 and Here's you know 25 50 75 we were we would say that you know if we drew a candle out And you like labeled it like this if it used up this entire bit right here This portion here would be where it closed it closed in The green section right there and this was so you get the point that's position in range That means that it closed near its highs If it's not hit then we sell it at the close. There's no stop-loss such situation here We could apply stop-loss rules, but the flaw in that system is What came first the target or the stop-loss? We're trying to determine if throughout the entire day that there is edge here to the long side, okay So that is the formula for that so again over here. We're creating like a little Miniature algo right and this is how we're measuring our system. This is for 2018. These were top percent gainers You can see the Returns right here and and where they finished on the day now. I don't want to bring back here Is this area? Right there so in this area We are tallying up all this stuff over here So our wins we're counting those so we're doing the count if function Y14 to y95 which is way down here and we're saying comma w we want to count only the ones that have a w, okay? Now the losses right here are counting the same thing But only for the else, okay So we have 82 total setups right here Which means that the wins and the losses all take in those into consideration We have a 63% win rate Hey traders, this is Tosh I go by T Bradley 90 in the my investing club chat Just wanted to reach out and say if you have any questions about M. I see joining M. I see maybe you're a member Already you have three ways to contact myself personally and through M. I see you can hit our social media You can hit me through pms and chat or you can contact us through my email at Tosh at my investing club comm That's TOS H at my investing club comm I will get back to you in a timely manner And I'm saying this because I'm here to help and I don't want anybody to be afraid to reach out and ask any Question that they have we are here for you guys. All right. See you guys