The bottom line, the short-term trend is up, not confirmed though. I hold no position overnight.
Tomorrow is FOMC, most likely will be an up day and a roller-coaster show after 2:15 pm ET.
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 | 01/25/2011 | $22.75 | -46.00 | 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 | 246.00 |