THE SHORT-TERM TREND IS UP, I HOLD BOTH LONG (TRAPPED) AND SHORT (TRAPPED) OVERNIGHT
Key time tomorrow, so we’ll have to wait and see.
Those who follow Cobra Impulse System, it’s time to set the stop loss to breakeven.
| MECHANICAL TRADING SIGNALS |
| SPY SYSTEM |
ENTRY |
STOP LOSS |
Current 2*ATR(10) value: SSO=13%; SDS=13%; UPRO=19%;SPXU=19% |
| Non-Stop |
08/02 S |
N/A |
Short is for aggressive traders only. |
| Cobra Impulse |
08/23 L |
*breakeven |
*Adjust stop loss. |
|
| 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 |
08/19/2011 |
$26.70 |
100 |
$23.17 |
|
|
|
Hold until the 1st failure, not because it’s safe. |
| SDS |
08/18/2011 |
$25.52 |
100 |
$22.46 |
08/19/2011 |
$26.81 |
129.00 |
|
| SSO |
08/17/2011 |
$42.60 |
50 |
$37.49 |
|
|
|
Not a new setup, just a buyback of 08/16 longs. |
| SSO |
08/16/2011 |
$42.82 |
50 |
$35.54 |
08/17/2011 |
$43.40 |
29.00 |
|
| SSO |
08/15/2011 |
$42.86 |
50 |
$35.14 |
08/15/2011 |
$43.26 |
20.00 |
|
| SSO |
08/11/2011 |
$40.16 |
50 |
$32.93 |
08/11/2011 |
$41.53 |
68.50 |
Position too small to split, could hold overnight. |
| SDS |
08/08/2011 |
$25.94 |
100 |
$23.61 |
08/08/2011 |
$26.58 |
64.00 |
Had to leave earlier today so sold too soon. |
| SDS |
08/04/2011 |
$23.13 |
100 |
$21.51 |
08/09/2011 |
$28.35 |
522.00 |
|
| SDS |
08/04/2011 |
$23.13 |
100 |
$21.51 |
08/04/2011 |
$24.00 |
87.00 |
|
| LAST |
|
|
|
|
|
|
2248.50 |
|
| SUM |
|
|
|
|
|
|
3159.00 |
|
|
- $300 max loss allowed per trade. For fun only.
- LAST = Year to the last month balance. SUM = Year to date realized gains/losses.
|
