Archive for the EOD SP Category
The system is issuing a buy at close with a target of 1544 today. My stop is 10 points away and I got in at 1538.
Lets see if it's another winner!
My previous post I mentioned that I had manually closed for a +10 profit. If I had left the trade running, I would still be up by 1 point!
Ok, fingers crossed for another winner!
October 18, 2007
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Hi All,
My decision to close the S&P EOD trade today was a good move. I closed it at the very bottom of todays range and bagged a whopping 10 point (or 40 S&P emini equivalent prices)... hmm, lucky!
Actually, when following a system, you should really be disciplined enough to see your trades through despite what you think.. if the system has a positive expectancy, over the long term you will win. If you're manually opening and closing trades outside the system then, in effect, you
October 18, 2007
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Hi All,
Remember the S&P EOD system was giving a short entry last night. I shorted and nothing happened until a few hours ago.
The close price was 1524 but I sold out at 1532 or so for a 10 point (40 price) profit. Ok ok, I didn't follow the system but this is a very good profit!
S&P EOD rules!
October 18, 2007
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