Results of Published Model Entries and Exits for Monday 06/10
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.
The trades given below are not reflective of or indicative of any specific outcomes for any specific individual – your exact results would vary widely, depending on the time frame you use – tick chart, 1-min chart, 5-min chart, 15-min chart etc, as well as the quality of the execution of your broker, the stop levels you use based on your risk tolerance and your trading style.
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 Monday Morning – Medium-Frequency Models
“For today, Monday 06/10, 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 2845 with an 8-point trailing stop.”
Trading Plan Results/Outcome
Mon 06/10: The medium-frequency models booked -8.23 index points in losses on one long trade
The index crossed the 2903 level around 11:15am ET, triggering a long position with a 10-point trailing stop. The long rode to the session high of 2904.77 within a few minutes, lifting the trailing stop trigger to 2994.77, which was triggered around 1:45pm and closed the position with a loss of 8.23 index points. The models stayed flat 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 Friday Morning – Aggressive Intraday Models
“For today, Monday 06/10, our aggressive intraday models indicate going long on a break above 2895 or 2886 or 2874 with an 8-point trailing stop, and going short on a break below 2890 or 2882 or 2870 with a 6-point trailing stop.”
Trading Plan Results/Outcome:
Mon 06/10: The aggressive intraday models booked +3.31 index points in gains on one long and two short trades
The index crossed above the 2895 level around 10:05am ET, triggering a long position with an 8-point trailing stop. The long rode all the way up to the session high of 2904.77 around 11:55am, lifting the trailing stop to 2896.77. The stop was triggered around 12:35pm, closing the position with a gain of 1.77 index points.
The index crossed below the 2890 level around 2:05pm, triggering a short position with a 6-point trailing stop. The short reached an interim low of 2885.92 around 2:15pm, taking the stop trigger to 2891.92. The stop was hit around 2:45pm, closing the short with a loss of 1.92 index points.
The index crossed below the 2890 level again around 3:30pm, triggering the second short of the day. The short survived until the end of the 3:55pm bar – at 2886.54 – where it was closed by the models owing to the “intraday protocol”, registering a gain of 3.46 index points.
Thus, the aggressive intraday models booked a net gain of 3.31 index points (+1.77 -1.92 +3.46) on one long and two shorts.
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