The bottom line, the short-term trend is up. I hold long position overnight, slightly under water.
Still stuck in a range, so the short-term direction is unclear, but the fact INDU closed in red today is not a good news for bulls which I’ll blah blah in tonight’s report.
Demo account for short-term model, $200 max loss allowed per trade. Mechanical trading signal, for fun only.
| TICKER | Entry Date | Entry Price | Share | Stop Loss | Exit Date | Exit Price | Profit | Comment |
| SSO | 01/10/2011 | $48.98 | 100 | $47.65 | | | | |
| SSO | 01/06/2011 | $49.26 | 100 | $48.29 | 01/07/2011 | $48.28 | -98 | Stop loss. |
| SSO | 01/06/2011 | $49.26 | 100 | $48.29 | 01/07/2011 | $49.50 | 24 | Target met, partial profit. |
| SSO | 01/04/2011 | $49.02 | 100 | $47.65 | 01/05/2011 | $49.38 | 36.00 | |
| SSO | 12/30/2010 | $48.02 | 100 | $48.66 | 01/04/2011 | $48.66 | 64.00 | |
| SSO | 12/30/2010 | $48.02 | 100 | $47.44 | 01/03/2011 | $49.20 | 118.00 | Partial profit. |
| SDS | 12/30/2010 | $23.88 | 400 | $23.60 | 01/03/2011 | $23.30 | -232.00 | Gap down, manual stop loss used. |
| SUM | | | | | | | -88.00 | |
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