THE SHORT-TERM TREND IS DOWN, I HOLD PARTIAL SHORT POSITION OVERNIGHT
Seasonality is bearish tomorrow as recent Fridays are mostly not very pleasant, besides, according to Stock Trader’s Almanac, July expiration day, Dow down 6 of last 10.
Two more TradingMarkets long setups were triggered today (actually the VIX above MA ENV(10, 5) for 3 days was triggered yesterday, forgot to mention), both claimed to have above 80% winning rate.
| MECHANICAL TRADING SIGNALS |
| SPY SYSTEM | ENTRY | STOP LOSS | Current 2*ATR(10) value: SSO=6%; SDS=5%; UPRO=8%;SPXU=8% | | Non-Stop | 06/30 L | N/A | | | Cobra Impulse | 06/29 L | 07/06 Low | Stopped out of long position on 07/11 with gains. | |
| DEMO ACCOUNT FOR SHORT-TERM MODEL (Attention: This is not part of Cobra Impulse System) |
| TICKER | Entry Date | Entry | Share | Stop Loss | Exit Date | Exit | Profit | Comment | | SDS | 07/14/2011 | $20.65 | 300 | $19.62 | 07/14/2011 | $20.94 | 87.00 | | | SDS | 07/13/2011 | $20.50 | 200 | $19.27 | 07/13/2011 | $20.63 | 26.00 | | | SDS | 07/11/2011 | $20.37 | 100 | *$19.62 | | | | | | SDS | 07/11/2011 | $20.37 | 100 | $19.15 | 07/11/2011 | $20.60 | 23.00 | | | SSO | 07/08/2011 | $54.84 | 50 | $52.10 | 07/14/2011 | $52.10 | 137.00 | Speculation play, half positioned. | | SSO | 07/07/2011 | $55.46 | 100 | $52.69 | 07/07/2011 | $55.76 | 30.00 | | | SSO | 07/06/2011 | $54.22 | 100 | $51.51 | 07/06/2011 | $54.34 | 12.00 | | | SSO | 07/01/2011 | $53.90 | 100 | $51.21 | 07/01/2011 | $54.50 | 60.00 | New stop loss strategy: 2*ATR(10) used. | | SSO | 06/22/2011 | $50.30 | 50 | $52.69 | 07/11/2011 | $53.42 | 156.00 | | | LAST | | | | | | | 1905.00 | | | SUM | | | | | | | 2162.00 | | |
- $300 max loss allowed per trade. For fun only.
- LAST = Year to the last month balance. SUM = Year to date realized gains/losses.
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