Results of Today’s Published Model Entries and Exits
All this, simply by following mechanical entries and exits using the pre-defined levels as given in our trading plan published before the markets opened daily. Anyone can publicly verify and double check these entry and exit levels from the forecast articles and from the index price levels for the day from any trading website (Google Finance, Yahoo Finance, or pick your own).
Below, you will find the detailed tracking of our models’ trading plans for today, as well as the results for the last month:
Performance Results of the Trading Plans Published for TUE, 01/08:
Medium-term Models
Trading Plan/Forecast Published In the Morning: “For today, Tuesday 01/08, our medium-term models indicate trading off of the broad 2575-2535 band – going long on a cross above 2575 with a stop at 2568 and going short on a cross below 2535 with a stop at 2542. In addition, both sides be initiated with a 10-point trailing stop” (click here to read the full forecast and/or verify this claim).
Trading Plan Results/Outcome:
Tue 01/08: Booked -5.18 index points in losses on one long
The index broke above the 2575 level within the first five minutes of the regular session, triggering a long position with a 10-point trailing stop. The index reached an interim high of 2579.82 in the next five minutes, thus lifting the trailing stop to 2569.82, and then tracked lower.
The trailing stop was hit around 9:50am, closing the long with a loss of 5.18 index points. The models then stayed flat for the rest of the session (the index approached breaching 2575 again around 3:35pm, but didn’t stay above that level for even one minute bar).
Past results this month:
Our medium-term models started the month of December with indeterminate state and stayed out of the markets throughout the first half of the month.
Mon 12/17: Booked +20 index points in profit on a short
Tue 12/18: Booked +9.25 index points in profit on a short
Fri 12/21: No trades
Mon 12/24: No trades
Wed 12/26: Booked +14.75 index points in profit on a short
Thu 12/27: Long entered at 2455, carried to Friday
Fri 12/28: Booked +28.75 index points in profit on a long
Mon 12/31: Booked +56 index points in profits on two shorts and two longs.
Wed 01/02: Booked +13.75 index points in profits on three longs and two shorts.
Thu 01/03: Booked +47.53 index points in profits on three shorts and two longs
Fri 01/04: Booked +9.70 index points in profits on one long
Mon 01/07: Booked +18.00 index points in profits on one long
Aggressive, Intraday Models
Trading Plan/Forecast Published In the Morning: “For today, Tuesday 01/08, our aggressive intraday models indicate trading off of the 2565-2555 band – going long on a cross above 2565 and going short on a cross below 2555, with a trailing stop of 8-points. In addition, the models indicate a second strategy to trade off of 2542-2535 – going long on a break above 2542 and going short on a break below 2535, both with a 8-point trailing stop” (click here to read the full forecast and/or verify this claim).
The index broke above 2565 around 12:20pm, triggering a long position with 8-point trailing stop. The position rode to an interim high of 2567.73, lifting the stop trigger to 2559.73. The stop was hit around 12:50pm, closing the long with a loss of 5.27 index points.
The index broke above 2565 for another time around 13:30pm, triggering another long position with an 8-point trailing stop. The position rode the index all the way into the last minutes of the session. Due to the “intraday” nature, the models closed the long at 3:45pm – at 2574.37 – with a profit of 9.37 index points.
Thus, the aggressive intraday models booked a net profit of 3.54 index points today (short, -0.56; long, -5.27; long, +9.37).
ber.
Tue 12/11: Booked +0.50 points in profit on a long
Wed 12/12: No trades
Fri 12/14: Booked +14.25 points in profit on a short
Mon 12/17: Booked +51.75 points in profit on a short
Thu 12/20: Booked +26.5 points in profit on two shorts
Mon 12/24: Booked +50 points in profit on two shorts
Wed 12/26: Booked +9.25 points in profit on a long
Thu 12/27: Booked +62.00 points in profit on three short trades and one long trade
Fri 12/28: Booked +10 points on profit one short and two longs
Mon 12/31: Booked +56 points in profits on two shorts and two longs.
Wed 01/02: Booked +14.75 points in profits on two longs and three shorts.
Mon 01/07: Booked +23.00 index points in profits on one long
IMPORTANT RISK DISCLOSURES AND NOTICES – READ CAREFULLY:
(iii) Risk Warning: Investing, trading in S&P 500 Index – spot, futures, or options or in any other synthetic form – or its component stocks carries inherent risk of loss. Trading in leveraged instruments such as futures carries much higher risk of significant losses and you may lose more than you invested in them. Carefully consider your individual financial situation and investment objectives before investing in any financial instruments. If you are not a professional trader, consult a professional investment advisor before making your investment decisions.
(iv) Past performance: This article may contain references to past performance of hypothetical trades or past forecasts, which should NOT be taken as any representation or promise or guarantee of potential future profits. Past performance is not indicative of future performance.
(v) The author makes no representations whatsoever and assumes no responsibility as to the suitability, accuracy, completeness or validity of the information or the forecasts provided.
(vi) All opinions expressed herein are subject to change at any time, without any notice to anyone.