The bottom line, the short-term trend is up. I hold trapped short position overnight.
No idea about tomorrow, the reversal today looks very bullish though. Bullish Friday tomorrow? Well, not much edge for the most recent few weeks. Let’s see.
Demo account for short-term model, $200 max loss allowed per trade. Mechanical trading signal, for fun only.
TICKER | Entry Date | Entry Price | Share | Stop Loss | Exit Date | Exit Price | Profit | Comment |
SDS | 02/10/2011 | $21.68 | 500 | $21.27 | ||||
SSO | 02/09/2011 | $52.91 | 200 | $51.84 | 02/10/2011 | $53.03 | 24.00 | |
SSO | 02/07/2011 | $52.67 | 400 | $52.10 | 02/07/2011 | $52.84 | 68.00 | Rare case for low risk entry. |
SSO | 02/04/2011 | $51.78 | 200 | $50.81 | 02/04/2011 | $51.98 | 40.00 | |
SSO | 02/02/2011 | $51.72 | 200 | $50.69 | 02/03/2011 | $51.86 | 28.00 | |
SSO | 02/01/2011 | $51.03 | 50 | $51.23 | 02/02/2011 | $51.62 | 29.50 | |
SSO | 02/01/2011 | $51.03 | 50 | $49.23 | 02/01/2011 | $51.46 | 21.50 | Partial profit to lock SDS losses. |
SDS | 01/31/2011 | $22.77 | 300 | $22.09 | 02/01/2011 | $22.09 | -204.00 | |
JAN | 415.00 | |||||||
SUM | 422.00 |