The OCTOBER 2009 trading results of my computer generated RadarScreen follows. I am not particularly fond of mechanical trading but who am I to judge how others choose to trade? I prefer the discretionary approach based on other factors besides a signal generated by a computer program. That is just me. Most of these trades would have never made it to my discretionary screening. And there are several discretionary trades that were never triggered in the RadarScreen. Go figure!?! With proper money management and discipline to enter and exit trades a disciplined trader can make money with a mechanical system, mine or otherwise. It is all up to the individual. This is really an experiment for me as I compete against the computer. My discretionary numbers are also listed below and are few in number. I am very picky about my trades as you can tell. If you are a day trader my discretionary trading is not for you. If, however, you like the freedom that comes with position/swing trading…now that is another story!
RADARSCREEN TRADES
| STOCK | CH DATE* | PRICE | EXIT DATE | PRICE | % GAIN/LOSS***1 |
| TWX (L) | 10/01 | 30.00 | 10/19 | 31.70 | +5.36 |
| STZ (L) | 10/01 | 15.90 | 10/12 | 16.60 | +4.22 |
| LNC (S) | 10/01 | 23.70 | 10/05 | 25.60 | -7.42 |
| GT (S) | 10/01 | 15.96 | 10/09 | 17.20 | -7.21 |
| CSTR (S) | 10/01 | 30.99 | 10/06 | 33.00 | -6.01 |
| NFX (L) | 10/06 | 45.80 | 10/19 | 49.10 | +6.72 |
| GSIC (L) | 10/06 | 19.47 | 10/08 | 20.40 | +4.56 |
| GS (L) | 10/06 | 188.46 | 10/14 | 192.10 | +1.89 |
| GD (L) | 10/06 | 66 | 10/16 | 67.52 | +2.25 |
| ENDP (L) | 10/06 | 23.55 | 10/14 | 23.90 | +1.46 |
| CDE (L) | 10/06 | 21.30 | 10/12 | 23.90 | +10.88 |
| GOOG (L) | 10/07 | 499 | 10/13 | 526.46 | +5.21 |
| SLG (L) | 10/09 | 42.99 | 10/14 | 45.80 | +6.14 |
| CTL (L) | 10/14 | 33.66 | 10/19 | 34.30 | +1.87 |
| TIN (L) | 10/14 | 17.30 | 10/23 | 17.50 | +1.14 |
| PNC (L) | 10/14 | 46.80 | 10/22 | 49.72 | +5.87 |
| CCL (L) | 10/15 | 33.35 | 10/21 | 32.01 | -4.02 |
| ETR (L) | 10/16 | 79.62 | 10/23 | 79.10 | -.65 |
| SPG (S) | 10/19 | 67.72 | 10/27 | 67.10 | FLAT |
| LMDIA (L) | 10/19 | 31.09 | 10/26 | 31.00 | FLAT |
| BXP (S) | 10/19 | 63.51 | 10/21 | 61.40 | +3.32 |
| IDCC (S) | 10/20 | 20.00 | 10/26 | 19.10 | +4.50 |
| BMRN (S) | 10/20 | 16.94 | 10/28 | 15.80 | +6.73 |
| PCP (S) | 10/21 | 98.63 | 10/28 | 96.70 | +1.95 |
| LMT (S) | 10/21 | 71.31 | 10/28 | 68.50 | +3.94 |
| CCE (S) | 10/21 | 20.55 | 10/28 | 19.40 | +5.60 |
| TXN (S) | 10/22 | 22.87 | 10/27 | 24.30 | -6.25 |
| TRV (L) | 10/23 | 51.54 | |||
| NUE (S) | 10/23 | 44.45 | 10/30 | 41.29 | +7.11 |
| FIS (S) | 10/23 | 23.79 | 10/29 | 21.85 | +8.15 |
| DLR (L) | 10/23 | 46.39 | 11/02 | 44.50 | -4.07 |
| ARO (L) | 10/23 | 43.46 | 10/27 | 41.10 | -5.43 |
| AMP (L) | 10/23 | 38.35 | 10/27 | 36.20 | -5.61 |
| ACF (L) | 10/23 | 18.71 | |||
| AMZN (L) | 10/26 | 119.21 | |||
| PAYX (L) | 10/27 | 29.25 | 10/29 | 28.70 | -1.88 |
| BIDU (S) | 10/28 | 383.67 | 11/03 | 370.50 | +3.43 |
| NNN (S) | 10/29 | 19.79 | |||
| SYMC (L) | 10/30 | 17.66 | |||
| K (L) | 10/30 | 51.70 | |||
| GIS (L) | 10/30 | 66.80 | |||
| AXP (L) | 10/30 | 36.13 | |||
| AKAM (L) | 10/30 | 22.71 |
*CH DATE = CROSSHAIRS FORMATION & ENTRY (BASED ON THE COMBINATION OF INDICATORS THAT FORM THE “CROSSHAIR”)
**(S,L) BESIDE THE STOCK SYMBOL = SHORT/PUTS LONG/CALLS
***34 TOTAL TRADES WITH 22 GAINS/10 LOSSES/2 FLAT
THE ABOVE REPRESENT ALL TRIGGERED TRADES THAT WERE OPENED AND CLOSED DURING THE MONTH OF OCTOBER, 2009. CURRENT OPEN POSITIONS FROM OCTOBER ARE LISTED IN BLACK AND HAVE NOT CLOSED AT THE TIME OF THIS POST.
1 As with any trading strategy, the performance and ultimate win/loss ratio, % gains/losses, etc. will be based on the individual and his/her loss and profit targets, which will vary from trader to trader. For that very reason no two traders’ results would be the same. Commissions and slippage are not factored in; neither is the difference between trading the equity versus the options, wherein the percentages could be different. These numbers do not mean anything other than to provide the computer generated results of high probability trading opportunities based on the CROSSHAIRS TRADING© parameters that have been coded into the TradeStation “RadarScreen” platform . It is ultimately up to the individual to determine the risk/reward of trading a mechanical system.
Because this screen is computer generated, there are many trades that I will make without the aid of this model. I choose to use further discretion, including but not limited to general market factors, before making a final decision to enter a trade. These factors are outlined in various articles on my blog and in my one-on-one CROSSHAIRS TRADING© training. These factors are also incorporated into the GOLD MEMBERSHIP package available on my site.
Current month stats and current computer generated trades are available in the SILVER MEMBERSHIP package, also available on my site.
You trade at your own risk. These are not and should not be considered recommendations to buy/sell securities.
Because I trade with real funds and with a simulation account I have to provide the following:
U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
Stock Trading Information CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
[You know I have to include all this legal disclaimer stuff !]
DISCRETIONARY TRADES
| STOCK | CH DATE* | PRICE | EXIT DATE | PRICE | % GAIN/LOSS***1 |
| GS | 10/05 | 186.10 | 10/14 | 192.10 | +3.12 |
| APA | 10/06 | 95.42 | 10/08 | 99.72 | +4.32 |
| IBM | 10/07 | 122.05 | 10/09 | 125.40 | +2.67 |
| JOYG | 10/14 | 52.40 | 10/19 | 54.50 | +3.85 |
*CH DATE = CROSSHAIRS FORMATION & ENTRY (BASED ON THE COMBINATION OF INDICATORS THAT FORM THE “CROSSHAIR”)
**(S,L) BESIDE THE STOCK SYMBOL = SHORT/PUTS LONG/CALLS
***4 TOTAL TRADES WITH 4 GAINS/0 LOSSES
THE ABOVE REPRESENT ALL DISCRETIONARY TRADES THAT WERE OPENED AND CLOSED DURING THE MONTH OF SEPTEMBER, 2009. THERE ARE NO CURRENT OPEN POSITIONS FROM SEPTEMBER OR OTHERWISE..
THESE WERE ALL OPTIONS TRADES and the % gain does not allow for the higher $ gain in the options.
1 As with any trading strategy, the performance and ultimate win/loss ratio, % gains/losses, etc. will be based on the individual and his/her loss and profit targets, which will vary from trader to trader. For that very reason no two traders’ results would be the same. Commissions and slippage are not factored in; neither is the difference between trading the equity versus the options, wherein the percentages could be different. These numbers do not mean anything, other than to provide the discretionary trading results of high probability trading opportunities based on the CROSSHAIRS TRADING© parameters that I use to make a decision to trade. It is ultimately up to the individual to determine the risk/reward of trading a by the strict parameters I use. .
My discretion limits the number of total trades I make versus the number of signal generated trades from my TradeStation RadarScreen. I choose to use discretion, including but not limited to general market factors, before making a final decision to enter a trade. These factors are outlined in various articles on my blog and in my one-on-one CROSSHAIRS TRADING© training. Computer generated trades are incorporated into the SILVER MEMBERSHIP package available on my site.
Current month stats and current discretionary trades are available in the GOLD MEMBERSHIP package, also available on my site.
You trade at your own risk. These are not and should not be considered recommendations to buy/sell securities.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
Because I trade with real funds and with a simulation account I have to provide the following:
Stock Trading Information CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
[You know I have to include all this legal disclaimer stuff !]
