THE SHORT-TERM MODEL HAS NO IDEA ABOUT THE TREND, HOLDING TRAPPED LONG POSITION OVERNIGHT
No idea about tomorrow, the chart doesn’t look bearish yet, so another key day tomorrow.
The long position held by Cobra Impulse System was stopped out today flat.
| MECHANICAL TRADING SIGNALS |
| SPY SYSTEM |
ENTRY |
STOP LOSS |
Current 2*ATR(10) value: SSO=11%; SDS=12%; UPRO=17%;SPXU=19% |
| Non-Stop |
08/25 L |
N/A |
Long is risky when long term signals are on the sell side. |
| Cobra Impulse |
08/30 L |
Breakeven |
*Stopped out of long position on 09/01 flat. |
|
| 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 |
09/01/2011 |
$22.94 |
100 |
$19.96 |
09/01/2011 |
$23.01 |
7.00 |
|
| SSO |
08/30/2011 |
$44.09 |
50 |
$38.80 |
|
|
|
|
| LAST |
|
|
|
|
|
|
2935.00 |
|
| SUM |
|
|
|
|
|
|
2942.00 |
|
|
- $300 max loss allowed per trade. For fun only.
- LAST = Year to the last month balance. SUM = Year to date realized gains/losses.
|
