Quantum Journal

QuantumS

Member
54 1
There are no trades for today again.

Thurs: NO TRADE
Wed: No Trade
Tues: No Trade
Mon: Long Entry @ 155.78. Exited Profitably Mon Close @ 156.17
Fri: Long Entry @ 154.50. Exited Profitably Fri Close @ 155.48
Thurs: Long Entry @ 155.37. Exited Profitably Fri Close @ 155.48
Wed: No Trade
Last Tues: Long Entry @ 156.29. Exited Profitably Tues Close @ 157.41
Last Mon: No Trade
Last Fri: Short Entry @ 158.68. Exited Profitably Mon Close @ 155.12
 

QuantumS

Member
54 1
There is a Short trade in SPY (S&P500) for today's Open.

Fri: SHORT
Thurs: No Trade
Wed: No Trade
Tues: No Trade
Mon: Long Entry @ 155.78. Exited Profitably Mon Close @ 156.17
Last Fri: Long Entry @ 154.50. Exited Profitably Fri Close @ 155.48
Last Thurs: Long Entry @ 155.37. Exited Profitably Fri Close @ 155.48
Last Wed: No Trade
Last Tues: Long Entry @ 156.29. Exited Profitably Tues Close @ 157.41
Last Mon: No Trade
 

QuantumS

Member
54 1
The Friday Short was Exited at a profit on the Close. After not going Short at all for the past 5-day continuous rise (and actually accurately taking profits on the first 2-days of it), we now caught the first move down.

Unfortunately the market only moved slightly, for a smaller profit than normal:

Short Entry Friday's Open @ 158.33
Cover Exit Friday's Close @ 158.24

6 out of the 6 trades have been accurate.
 

QuantumS

Member
54 1
There are no trades for today.

Mon: NO TRADE
Fri: Short Entry @ 158.33. Exited Profitably Fri Close @ 158.24
Thurs: No Trade
Wed: No Trade
Tues: No Trade
Last Mon: Long Entry @ 155.78. Exited Profitably Mon Close @ 156.17
Last Fri: Long Entry @ 154.50. Exited Profitably Fri Close @ 155.48
Last Thurs: Long Entry @ 155.37. Exited Profitably Fri Close @ 155.48
Last Wed: No Trade
Last Tues: Long Entry @ 156.29. Exited Profitably Tues Close @ 157.41
 

QuantumS

Member
54 1
There are no trades for today.

Tues: NO TRADE
Mon: No Trade
Fri: Short Entry @ 158.33. Exited Profitably Fri Close @ 158.24
Thurs: No Trade
Wed: No Trade
LastTues: No Trade
Last Mon: Long Entry @ 155.78. Exited Profitably Mon Close @ 156.17
Last Fri: Long Entry @ 154.50. Exited Profitably Fri Close @ 155.48
Last Thurs: Long Entry @ 155.37. Exited Profitably Fri Close @ 155.48
Last Wed: No Trade
 

QuantumS

Member
54 1
There are no trades for today.

Wed: NO TRADE
Tues: No Trade
Mon: No Trade
Fri: Short Entry @ 158.33. Exited Profitably Fri Close @ 158.24
Thurs: No Trade
LastWed: No Trade
LastTues: No Trade
Last Mon: Long Entry @ 155.78. Exited Profitably Mon Close @ 156.17
Last Fri: Long Entry @ 154.50. Exited Profitably Fri Close @ 155.48
Last Thurs: Long Entry @ 155.37. Exited Profitably Fri Close @ 155.48
 

QuantumS

Member
54 1
There are no trades for today. With the market at new highs and the restriction that we are trading with both hands tied behind our back (by restricting Entry trades to only at the Open), I am quite comfortable with this stance. On-boarding of risk at this juncture would be inviting trouble.


Fri: NO TRADE
Thurs: No Trade
Wed: No Trade
Tues: No Trade
Mon: No Trade
LastFri: Short Entry @ 158.33. Exited Profitably Fri Close @ 158.24
LastThurs: No Trade
LastWed: No Trade
LastTues: No Trade
Last Mon: Long Entry @ 155.78. Exited Profitably Mon Close @ 156.17
 

QuantumS

Member
54 1
There are no trades for today. For those of you that thrive on risk and excitement, this is a disappointment. As for me, I prefer accuracy and profits.

There will be opportunities, we just have to wait for the next one. In future, I will not post every day, only when there is a trade.

Have a good day.
 

QuantumS

Member
54 1
Here we go. There is a Short trade in SPY (S&P500) at US Open today.

Tues: SHORT
Mon: No Trade
Fri: No Trade
Thurs: No Trade
Wed: No Trade
LastTues: No Trade
LastMon: No Trade
LastFri: Short Entry @ 158.33. Exited Profitably Fri Close @ 158.24
LastThurs: No Trade
LastWed: No Trade
 

QuantumS

Member
54 1
We are Short from Tuesday. As per the rules: Tuesday's entry was executed at the Open of 162.13. It needs a market Close for SPY > 162.13 to be profitable. We can run a Limit on Close or timed order at 162.14 for this. The Close Tuesday was 162.60, so no exit. If there is no profitable Close before, this trade will be held for upto 5-days and exited by default at next Monday's Close.

There is another SHORT trade in SPY (S&P500) at US Open today (Wednesday).

Wed: SHORT
Tues: Short from Tuesday's Open @ 162.13
Mon: No Trade
Fri: No Trade
Thurs: No Trade
LastWed: No Trade
LastTues: No Trade
LastMon: No Trade
LastFri: Short Entry @ 158.33. Exited Profitably Fri Close @ 158.24
LastThurs: No Trade
 

QuantumS

Member
54 1
Apologies about the typo yesterday. Of course, it should have read: "It needs a market Close for SPY < 162.13 to be profitable. We can run a Limit on Close or timed order at 162.12 for this."
 

QuantumS

Member
54 1
We are currently Short from Tuesday's Open and added a second at Wednesday's Open. Today, we will add a third. The model does not blindly add to positions, so it sees the same conditions exist for a move down today as on the other days. You will note that it did not try to get Short during the multiple up days previously, which took the market to new highs. Actually the biggest profit comes when we're incorrect initially and, after all positions are filled, the market does as predicted.

As per the rules: Wednesday's entry was executed at the Open of 162.57. It needs a market Close for SPY < 162.57 to be profitable. We can run a Limit on Close or timed order at 162.56 for this. If there is no profitable Close before, this (Wednesday) trade will be held for upto 5-days and exited by default at next Tuesday's Close.

There is another SHORT trade in SPY (S&P500) at US Open today (Thursday).


Thurs: SHORT
Wed: Short from Wednesday's Open @ 162.57. Needs Close < 162.57 for Exit.
Tues: Short from Tuesday's Open @ 162.13. Needs Close < 162.13 for Exit.
Mon: No Trade
Fri: No Trade
LastThurs: No Trade
LastWed: No Trade
LastTues: No Trade
LastMon: No Trade
LastFri: Short Entry @ 158.33. Exited Profitably Fri Close @ 158.24
 

QuantumS

Member
54 1
Short entry Thursday as detailed above. The Open was 163.27, the market went Down and Closed at 162.88 therefore this trade was Exited profitably at the Close.

The trades from Tuesday and Wednesday are still held. As per the rules outlined in my first post, each trade has it's own profit at Close based on Entry.
 

QuantumS

Member
54 1
There is another SHORT trade in SPY (S&P500) at US Open today (Friday).

Fri: SHORT
Thurs: Short Entry @ 163.27. Exited Profitably Thurs Close @ 162.88
Wed: Short from Wednesday's Open @ 162.57. Needs Close < 162.57 for Exit
Tues: Short from Tuesday's Open @ 162.13. Needs Close < 162.13 for Exit
Mon: No Trade
LastFri: No Trade
LastThurs: No Trade
LastWed: No Trade
LastTues: No Trade
LastMon: No Trade
 

QuantumS

Member
54 1
There is another SHORT trade in SPY (S&P500) at US Open today (Monday).

With Hilsenrath's "Fed Maps Exit from Stimulus" article in the WSJ at the weekend, maybe this is what it was predicting. Market certainly appears to be plateauing at some kind of ceiling here since the first trade last week.

You should be aware that, as per the rules, the trade from last Tuesday will be Exited at the Close today (Monday) as it will have been 5-days since Entry.


Mon: SHORT
Fri: Short from Friday's Open @ 162.99. Needs Close < 162.99 for Exit.
Thurs: Short Entry @ 163.27. Exited with PROFIT Thurs Close @ 162.88
Wed: Short from Wednesday's Open @ 162.57. Needs Close < 162.57 for Exit
Tues: Short from Tuesday's Open @ 162.13. Needs Close < 162.13 for Exit
LastMon: No Trade
LastFri: No Trade
LastThurs: No Trade
LastWed: No Trade
LastTues: No Trade
 
 
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