Results of Published Model Entries and Exits for Tuesday 04/16

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.

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

“For today, Tuesday 04/16, our medium-term models indicate carrying the long opened on Friday at 2904 with the current 13-point trailing stop anchored at 2895.32 until the stop is triggered. If the stop is triggered, the models would stay flat for the rest of the session.”  

Trading Plan Results/Outcome

Tue 04/16:  Booked 0.94 index point in loss on one long position carried from Friday’s session.

The models carried one long position from Friday’s session entered at 2904 with the trailing stop anchored at 2895.32. The index opened higher and reached session high at 2916.06 around 9:40am ET, lifting the anchored 13-point trailing stop to 2903.06. The stop trigger was hit around 10:45am, registering a loss of 0.94 index points.

The models stayed flat for the remaining session.

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 Tuesday Morning – Aggressive Intraday Models

“For today, Tuesday 04/16, our aggressive intraday models indicate going long on a break above 2904 with an 8-point trailing stop. No short trade indicated for today.”

Trading Plan Results/Outcome:

Tue 04/16: No trade

The index broke above the 2904 level around 3:45pm but did not open any new position as per our models’ mandate.

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