DEMO Semi-automated S&P daily trading system

[ordinaryguy76]

Good move over the weekend +90 pips at the mo. Going to have a few hours' sleep.

 

[ordinaryguy76]

stop loss moved to +1

 

[ordinaryguy76]

stop loss moved to +150

 

[ordinaryguy76]

stopped for +149.
Account valuation: £10239.03

 

[ordinaryguy76]

it is annoying that with capital spreads you are never stopped as intended. There is always some slippage against you. I guess I won't be trading with them for real.
Didn't see this happening so often with etxcapital, spreadco or worldspreads.

 

[ordinaryguy76]

oh yes, opposite trade (sell @ 1228.0 ) cancelled now

 

[ordinaryguy76]

it is very tempting to enter into another trade in the same direction (UP), but I don't want to change rules AGAIN, so will probably stay out until 9pm.

9pm trade will be (surprise, surprise) UP.

 

[ordinaryguy76]

Right, there we go.

New trade entered:
05/12/2011 21:00
Buy 1 S&P500 @ 1258.1, SL 1243.1
Sell order 1 S&P500 @ 1242.1, SL 1257.1

 

[ordinaryguy76]

40 pips under water at the moment. Don't have time to monitor this trade, so will rely on stop loss / opposite order.

 

[ordinaryguy76]

trade in the black for now, +30.

 

[ordinaryguy76]

just checked and it's +60. It seems that direction was correct again. Still 0.5 hour to 9pm.

 

[ordinaryguy76]

closed @ 1264.2 for +61 pips. Didn't like the look of 30min and 1h candles.
Account valuation: £10,299.26

 

[ordinaryguy76]

That was a good decision. S&P went down after I closed my trade.

New trade entered:
06/12/2011 21:00
Buy 1 S&P500 @ 1258.4, SL 1243.4
Sell order 1 S&P500 @ 1242.4, SL 1257.4

 

[ordinaryguy76]

Trade at +90. Stop loss moved to +2 (because of usual slippage).
Opposite trade cancelled.

 

[ordinaryguy76]

S&P moving down at the mo. I hope it will bounce off around 1264, otherwise next stop around 1260 ? My stop loss is 1258.6.

 

[ordinaryguy76]

+20. Should I leave my stop in place ? We're still outside of trading hours for S&P...

 

[ordinaryguy76]

1260 held for now, phew.

 

[ordinaryguy76]

1259 hit. I'm still in, but not very optimistic.

 

[ordinaryguy76]

stopped out for +1
Account valuation: £10299.48.
Might go in again later on.

 

[ordinaryguy76]

a lucky escape, it seems for now... S&P500 @ 1248