Live Update

Monday, January 24, 2011

01/24/2011 After Bell Quick Summary

The bottom line, the short-term trend is up, not confirmed though. I hold trapped short position overnight. I should have closed the short position but since the setup is to short at the close, so I’ll keep the short position for one more night. The chart pattern looks like a new high is not a question though. I’ll use 15 min or 30 min Open Range to decide whether to close the short position, if indeed the market gaps sharply higher tomorrow morning.

SPY15min

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 01/24/2011 $50.49 100 $48.97 01/24/2011 $50.52 3.00  
SDS 01/20/2011 $22.98 200 $22.34 Half positioned to balance long position.
SSO 01/19/2011 $49.81 100 $48.86 01/21/2011 $50.20 39.00 Speculation play, half positioned.
SDS 01/19/2011 $22.77 500 $22.34 01/19/2011 $22.91 70.00  
SSO 01/14/2011 $50.06 50 $50.73 01/19/2011 $50.73 33.50  
SSO 01/14/2011 $50.06 150 $48.86 01/14/2011 $50.65 88.50  
SSO 01/12/2011 $49.91 100 $48.25 01/12/2011 $50.11 20.00  
SSO 01/11/2011 $49.20 100 $48.25 01/12/2011 $50.02 82.00  
SSO 01/11/2011 $49.20 100 $48.25 01/11/2011 $49.24 4.00 Risk control, half position out.
SSO 01/10/2011 $48.98 100 $47.65 01/11/2011 $49.38 40.00  
SSO 01/06/2011 $49.26 100 $48.29 01/07/2011 $48.28 -98.00 Stop loss.
SSO 01/06/2011 $49.26 100 $48.29 01/07/2011 $49.50 24.00 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 292.00  
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