Tuesday, October 23, 2007

Choppy Market = Difficult Trading Crossovers!!


Yep, this is when this system fails. The signals need solid up or downtrends to work. I attempted to trade today but was quickly frustrated. Its times like these when an "investment theme" approach would have worked better for the day vs. intra-day time frames.

Nevertheless, had I been very vigilant (and lucky to some degree) I could have pulled off these two fairly obvious trades:

Trade Symbol Buy/Short Time Sell/Cover Time Profit Shrs Gross Profit
1 QID-Short 35.96 11:36 35.85 11:57 0.11 500 $55
2 QID-Short 35.72 13:59 35.34 14:47 0.38 500 $190








$245









Trade Symbol Buy/Short Time Sell/Cover Time Profit Shrs
Gross Profit
1 QID-Short 35.96 11:36 35.85 11:57 0.11 1000 $110
2 QID-Short 35.72 13:59 35.34 14:47 0.38 1000 $380








$490









Trade Symbol Buy/Short Time Sell/Cover Time Profit Shrs
Gross Profit
1 QID-Short 35.96 11:36 35.85 11:57 0.11 1500 $165
2 QID-Short 35.72 13:59 35.34 14:47 0.38 1500 $570








$735

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