Results of Published Model Trades for TUE 07/16     

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

(please click here to view the Outlook and Trading Plans published in the morning, that these results refer to)

THE GIST:

Medium-Frequency Models: Open long stopped out for a loss of 7.98 index points. 

Aggressive, Intraday Models: Lead to –3.88 index points in losses on a total of seven trades (four long and three shorts).

THE DETAILS:

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..   

Medium-Frequency Models – Trading Plan Outcomes/Results:

The open long rode to the session high of 3015.02 reached around 10:50am, lifting the trailing stop trigger to 3006.02. The stop was hit around 12:05pm, closing the long with a loss of 7.98 index points. The models stayed flat for the rest of the session.  

Note: For the trades to trigger, the breaks should occur during the regular session hours starting at 9:30am ET. By design, these models do NOT open any new positions after 3:45pm. Only one open position at any given time.

Aggressive Intraday Models – Trading Plan Outcomes/Results:

The index crossed above the 3014 level around 10:45am ET, triggering a long. The long rode to the session high of 3015.02, lifting the trailing stop to 3008.02. This stop was hit around noon – closing the long for a loss of 5.98 index points.

The index crossed below the 3008 level around the same time, triggering a short. The index crossed above the 3006 level around 12:40pm, closing the short with a gain of 2.00 index points, and simultaneously opening a long(#2).

The long was closed when the index crossed below the 3004 level around 12:55pm – with a loss of 2.00 index points – and, a short(#2) was opened simultaneously.   

The index crossed above the 3006 level in the next five minutes, closing the short with a loss of 2.00 index points and opening a long(#3). 

The long was closed out – with a gain of 2.00 index points – when the index crossed below the 3008 level around 1:30pm, and a short(#3) was opened.

This short was closed out around 3:05pm when the index crossed above the 3006 level – for a gain of 2.00 index points – and a long(#4) was opened.

This long survived till the intraday timeline of 3:55pm, when it was closed at 3006.10, leading to a gain of 0.10 index points. 

Thus, the aggressive intraday models opened and closed out a total of seven trades for a gross loss of 3.88 index points (-5.98 +2.00 -2.00 -2.00 +2.00 +2.00 +0.10).

Note: For the trades to trigger, the breaks should occur during regular session hours starting at 9:30am ET. Due to the intraday nature of these aggressive models, they indicate closing any open trades at 3:55pm and remaining flat into the session close. No opening of new positions after 3:45pm. Only one open position at any given time.

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 article contains 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.