Wednesday, July 1, 2009

'NDX 30th DOM' generated an Exit Signal for Today's Close, 7/1/2009


'NDX 30th DOM' generated an Exit Signal for Today's Close, 7/1/2009.

The Modeled position (NDX) posted a 0.27% gain, below the average trades return of 0.7%. The actual Trading position (NQU09) posted a 0.12% gain (including commissions), slightly worse than the model.

This profitable trade created a marginal new high for the model's Equity Curve (shown above).

The position was nicely green early on, up nearly 1.4% around 1030 am. However it slowly bled away its gains during the rest of the trading day. It wound up filling its opening gap up, and closed around the low tick of the day. A bit frustrating, but there is nothing I can do about it, except to faithfully follow the model's Entry and Exit signals.

The position was held for 1 trading day (http://stbsmb.blogspot.com/2009/07/ndx-30th-dom-generated-long-entry.html ).

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