Live Update

Monday, February 28, 2011

02/28/2011 After Bell Quick Summary

The bottom line, the short-term trend is up. I hold both long and short overnight for trying a new strategy.

As mentioned in the weekend report, tomorrow should be very very bullish. There’s a slightly trick though as it seems the 1st down 1st month day was after 5 consecutive up 1st month day then the 2nd down 1st month day was after 6 consecutive up 1st month day, so presumably the 3rd down 1st month day could start after 7 consecutive up 1st month day which is tomorrow? Confused? LOL. Nothing serious, just trying to look smart here, because strictly according to TA principle, we should never think this time is different, so I’ll still assume a very very bullish tomorrow.

 1 

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 02/28/2011 $53.09 100 $52.20 New strategy, half positioned.
SSO 02/25/2011 $52.54 100 $50.84 02/25/2011 $52.95 41.00  
SDS 02/22/2011 $21.05 300 $20.62 Trying new strategy, so still hold.
SDS 02/22/2011 $21.05 200 $20.62 02/22/2011 $21.55 100.00 Partial profit.
SSO 02/17/2011 $54.05 200 $53.26 02/17/2011 $54.49 88.00  
SSO 02/16/2011 $54.08 300 $53.78 02/16/2011 $54.28 60.00  
SSO 02/15/2011 $53.68 100 $52.18 02/16/2011 $53.95 27.00 Target met.
SSO 02/11/2011 $52.87 100 $52.18 02/16/2011 $53.86 99.00 Too nervous, shouldn’t close this.
SSO 02/11/2011 $52.87 100 $51.78 02/11/2011 $53.36 49.00 Partial profit to lock SDS losses.
SDS 02/10/2011 $21.68 500 $21.27 02/11/2011 $21.29 -195.00  
SSO 02/09/2011 $52.91 200 $51.84 02/10/2011 $53.03 24.00  
SSO 02/07/2011 $52.67 400 $52.10 02/07/2011 $52.84 68.00 Rare case for low risk entry.
SSO 02/04/2011 $51.78 200 $50.81 02/04/2011 $51.98 40.00  
SSO 02/02/2011 $51.72 200 $50.69 02/03/2011 $51.86 28.00  
SSO 02/01/2011 $51.03 50 $51.23 02/02/2011 $51.62 29.50  
SSO 02/01/2011 $51.03 50 $49.23 02/01/2011 $51.46 21.50 Partial profit to lock SDS losses.
SDS 01/31/2011 $22.77 300 $22.09 02/01/2011 $22.09 -204.00  
JAN 415.00  
SUM 691.00  
blog comments powered by Disqus

Disclaimer

The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.