Results of Published Model Entries and Exits for Monday 03/18
Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:
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.
Trading Plans/Forecast Published Monday Morning – Medium-term Models
“For today, Monday 03/18, our medium-term models indicate no trades as the models wait for today’s daily close for the next directional bias. “
Trading Plan Results/Outcome
Mon 03/18: No trades
Past results this month – medium term (high frequency) models (hypothetical trades based on the trading plans published before markets open daily):
Trading Plans/Forecast Published Monday Morning – Aggressive Intraday Models
“For today, Monday 03/18, our aggressive intraday models indicate going long on a break above 2826 and going short on a break below 2820, both sides with an 8-point trailing stop.”
Trading Plan Results/Outcome:
Mon 03/18: Booked a net of +7.17 index points in gains on two long trades
The index broke above the 2826 level within the first couple of minutes of opening the session, triggering a long position with an 8-point trailing stop. The index reached the session high of 2835.41 around 10:50am, taking the trailing stop trigger to 2827.41. The stop was triggered around 11:20am, closing the position with a profit of 1.41 index points.
The index again broke above the 2826 level around 11:50am, triggering another long position with an 8-point trailing stop. The position survived through the session and was sold at the close of 3:55pm (at 2831.76) as per the intraday models’ mandate, with a gain of 5.76 index points.
Thus, the aggressive intraday models booked a net gain of 7.71 index points (1.41 +7.71) on two long trades.
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).
IMPORTANT RISK DISCLOSURES AND NOTICES – READ CAREFULLY:
(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.