Traders' A.I.

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Results of Published Model Entries and Exits for Tuesday 06/11

Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:

NOTE: The index by itself is NOT tradable. The model plans here based on the  S&P index level can be used to trade any instrument that tracks the index – the futures on the index (ES, ES-mini), the options on the futures (ES options), the SPX options, the ETF SPY are just a few examples of the instruments one can adapt these plans to. 

These plans and results are hypothetical and NOT an investment advice to buy or sell any specific securities but are intended to aid – as informational, educational, and research tools – in arriving at your own investment/trading decisions. Please read the full disclosures at the bottom of this article for additional notes and disclaimers.

Link to the Trading Plans published: Click here

Trading Plans/Forecast Published Tuesday Morning – Medium-Frequency Models

“For today, Tuesday 06/11, our medium-frequency models indicate going long on a break above 2903 with a 10-point trailing stop, and going short on a break below 2875 with an 8-point trailing stop, with a short-exit on a break above 2860. 

Trading Plan Results/Outcome 

Tue 06/11: Medium-frequency models booked -5.77 index points in losses on one long trade

After opening at 2903.27, the index broke below it and then above it around 9:40am ET, triggering a long position with a 10-point trailing stop. The long reached an interim high of 2907.23 in the next fie minutes, lifting the trailing stop to 2897.23. The stop was triggered around 10:15am, closing the position with a loss of 5.77 index points. No trades were triggered for the rest of the session.

Past results this month – medium frequency models (hypothetical trades based on the trading plans published before markets open daily):

Trading Plans/Forecast Published Tuesday Morning – Aggressive Intraday Models

“For today, Tuesday 06/11, our aggressive intraday models indicate going long on a break above 2906 or 2895 or 2886 with an 8-point trailing stop, and going short on a break below 2890 or 2882 or 2860 with a 6-point trailing stop.”

Trading Plan Results/Outcome:

Tue 06/11: The aggressive intraday models booked a net +5.71 index points in gains on four long and two short trades.

The index broke above the 2906 level in the first couple of minutes, triggering a long position with an 8-point trailing stop. The long rode to the session high of 2910.61 within the next few minutes, lifting the stop trigger to 2902.61. The stop was triggered around 10:00am, closing the long with a loss of 3.39 index points.

The index broke above the 2895 level around 11:05am, triggering another long position (#2) with an 8-point trailing stop. The index broke below the 2890 level, closing the long with a loss of 5.00 index points, and simultaneously opening a short position.

The short survived the 6-point trailing stop to reach the session low of 2878.53 around 1:00pm, taking the trailing stop trigger to 2884.53. The stop was triggered around 1:50pm, closing the short with a gain of 5.47 index points.

The index broke above the 2886 level around 1:55pm, triggering another long (#3) with an 8-point trailing stop. The index rose above the 2890 level and then broke below it around 2:05pm, closing the long with a gain of 4.00 index points, and simultaneously opening a short (#2) with a 6-point trailing stop.

The short rode all the way down to the interim low of 2880.70 around 3:05pm and then rose and broke above the 2886 level around 3:35pm, opening a long (#4) and, simultaneously closing the short with a gain of 4.00 index points.

The long survived until the close of the 3:55pm bar at 2886.63, at which point it was closed by the models as per the intraday mandate, leading to a gain of 0.63 index points.

Thus, the aggressive intraday models saw a total gain of 5.71 index points (-3.39 -5.00 +5.47 +4.00 +4.00 +0.63) for the day.

Past results this month – aggressive intraday models (hypothetical trades based on the trading plans published before markets open daily):

NOTE: Remember that a “trailing stop” works differently from the traditional stop-loss order. Please bear in mind that the trailing stop’s trigger level would keep changing throughout the session (click here to read on the conceptual workings of a trailing-stop).

(i) This and other articles in the blog contain personal opinions of the author and is NOT representative of any organization(s) he may be affiliated with. This article is solely intended for informational and educational purposes only. It is NOT any specific advice or recommendation or solicitation to purchase or sell or cause any transaction in any specific investment instruments at any specific price levels, but it is a generic analysis of the instruments mentioned.

(ii) Do NOT make your financial investment or trading decisions based on this article; anyone doing so shall do so solely at their own risk. The author will NOT be responsible for any losses or loss of potential gains arising from any investments/trades made based on the opinions, forecasts or other information contained in this article.

(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