The bottom line, the short-term trend is up. I hold partial long position overnight.
No idea about tomorrow although chances are good that we’ll see a higher high tomorrow morning. The question is whether the month end seasonality that worked 16 out of 19 times (84%) in the past would work or not this time?
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 | 03/28/2011 | $52.02 | 100 | $49.91 | ||||
SSO | 03/25/2011 | $52.29 | 100 | $50.97 | 03/25/2011 | N/A | N/A | No guts to take the trade. |
SSO | 03/24/2011 | $51.62 | 100 | $49.91 | 03/28/2011 | $52.39 | 77.00 | |
SSO | 03/23/2011 | $50.72 | 200 | $49.43 | 03/24/2011 | $51.69 | 194.00 | |
SDS | 03/23/2011 | $22.29 | 300 | $21.58 | 03/24/2011 | $21.50 | -237.00 | |
SDS | 03/17/2011 | $22.83 | 200 | $21.58 | 03/22/2011 | $22.02 | -162.00 | |
SDS | 03/16/2011 | $22.81 | 200 | $21.85 | 03/16/2011 | $23.36 | 110.00 | |
SDS | 03/15/2011 | $22.50 | 200 | $21.58 | 03/16/2011 | $22.60 | 20.00 | |
SDS | 03/14/2011 | $22.01 | 200 | $21.02 | 03/15/2011 | N/A | N/A | Network problem, didn’t take the trade. |
SDS | 03/14/2011 | $22.08 | 200 | $21.02 | 03/14/2011 | $22.17 | 18.00 | |
SSO | 03/07/2011 | $52.17 | 100 | $50.84 | 03/09/2011 | $52.57 | 40.00 | |
SSO | 03/04/2011 | $53.01 | 100 | $50.84 | 03/07/2011 | $53.23 | 22.00 | |
SSO | 03/03/2011 | $53.33 | 100 | $51.52 | 03/04/2011 | $53.49 | 16.00 | |
SDS | 03/01/2011 | $21.37 | 200 | $20.62 | 03/01/2011 | $21.76 | 78.00 | |
SSO | 02/28/2011 | $53.09 | 100 | $52.20 | 03/01/2011 | $53.69 | 60.00 | |
SDS | 02/22/2011 | $21.05 | 300 | $20.62 | 03/10/2011 | $21.82 | 231.00 | |
LAST | 691.00 | |||||||
SUM | 1158.00 |