'NDX 1st DOM' generated a Long Entry Signal for Wednesday's Close, 9/1/2009. This model is based on the behavior of the NDX on the 1st calendar Day of the Month (DOM). It is due to be exited at Wednesday's Close unless its Money Management Stop is hit intraday.
Here are some of the model's Performance Statistics:
- Model Tracking Vehicle=NDX
- Start Date=11/1/1985
- Number of Trades=114
- Average Trade Return=0.40%
- Average Winning Trade Return=1.24%
- Average Losing Trade Return=-0.47%
- Win Rate=51%
- Ratio of Average Win/Average Loss (RAWAL)=2.63
- Profit Factor=2.73
The model uses a very tight Money Management Stop, currently 0.50% below the Entry Price.
As can be seen from the Equity Curve shown above, the model is currently trading a few ticks below its all time high. However the two most recent trades were stops, with the last trade stopping out on the following day's Open with a loss of about 1.1%. This loss was the largest single trade loss for the model.
Disclosure: Long NQU09.
Disclosure: The performance results shown above are for Model analysis purposes and do not include commission or slippage. The model is built on data from the NDX, but I trade the model with the NQ e-mini. Actual trading results from the NQ usually differ from the model results of the NDX, with the NQ showing somewhat weaker performance data. Nonetheless, I still trade this model with the NQ and when executed according to the plan, it has generated consistent profitability for me.
***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security***
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