Archive for October 23rd, 2007

Quick S&P EOD update

Just as I haven't chosen to trade todays short entry at close on the S&P, the market has already moved 4. 5 points (or 18 S&P emini prices) in profit if I had taken the trade! Still early days but it's going the right way. The system has a positive expectancy over time though so to fully get it's real benefits, I should ideally be trading this every day according to plan. The system also sets a 40 point stop which is a lot, I'm only comfortable with a max loss of 10. This, of co

October 23, 2007 No Comments Full Story

EOD S&P – short at close, target 1498

If you had traded last nights signal (and I'm glad that I didn't) you would have lost. Anyway, the system is showing a sell with target 1498 today. I am not sure if this would be a good idea considering how strong the market is.. I think I'll sit out this one also.

October 23, 2007 No Comments Full Story