THE SHORT-TERM TREND IS DOWN, I HOLD PARTIAL SHORT POSITION OVERNIGHT
Seasonality is bearish tomorrow as recent Fridays are mostly not very pleasant, besides, according to Stock Trader’s Almanac, July expiration day, Dow down 6 of last 10.
Two more TradingMarkets long setups were triggered today (actually the VIX above MA ENV(10, 5) for 3 days was triggered yesterday, forgot to mention), both claimed to have above 80% winning rate.
| MECHANICAL TRADING SIGNALS |
| SPY SYSTEM |
ENTRY |
STOP LOSS |
Current 2*ATR(10) value: SSO=6%; SDS=5%; UPRO=8%;SPXU=8% |
| Non-Stop |
06/30 L |
N/A |
|
| Cobra Impulse |
06/29 L |
07/06 Low |
Stopped out of long position on 07/11 with gains. |
|
| DEMO ACCOUNT FOR SHORT-TERM MODEL (Attention: This is not part of Cobra Impulse System) |
| TICKER |
Entry Date |
Entry |
Share |
Stop Loss |
Exit Date |
Exit |
Profit |
Comment |
| SDS |
07/14/2011 |
$20.65 |
300 |
$19.62 |
07/14/2011 |
$20.94 |
87.00 |
|
| SDS |
07/13/2011 |
$20.50 |
200 |
$19.27 |
07/13/2011 |
$20.63 |
26.00 |
|
| SDS |
07/11/2011 |
$20.37 |
100 |
*$19.62 |
|
|
|
|
| SDS |
07/11/2011 |
$20.37 |
100 |
$19.15 |
07/11/2011 |
$20.60 |
23.00 |
|
| SSO |
07/08/2011 |
$54.84 |
50 |
$52.10 |
07/14/2011 |
$52.10 |
137.00 |
Speculation play, half positioned. |
| SSO |
07/07/2011 |
$55.46 |
100 |
$52.69 |
07/07/2011 |
$55.76 |
30.00 |
|
| SSO |
07/06/2011 |
$54.22 |
100 |
$51.51 |
07/06/2011 |
$54.34 |
12.00 |
|
| SSO |
07/01/2011 |
$53.90 |
100 |
$51.21 |
07/01/2011 |
$54.50 |
60.00 |
New stop loss strategy: 2*ATR(10) used. |
| SSO |
06/22/2011 |
$50.30 |
50 |
$52.69 |
07/11/2011 |
$53.42 |
156.00 |
|
| LAST |
|
|
|
|
|
|
1905.00 |
|
| SUM |
|
|
|
|
|
|
2162.00 |
|
|
- $300 max loss allowed per trade. For fun only.
- LAST = Year to the last month balance. SUM = Year to date realized gains/losses.
|
