Wednesday, October 1, 2008

Recent SPI Trades

Heres a pic of the last 3 trades triggered since I started the system
How am I trading this system? At the moment a full SPI is too large for me so I emulate with a SPI Forward contract with IG markets. It gets pretty close but you have to manually set the trades as there is no open auction of course for a cfd.

L/S Entry Date Exit Date Entry Price Exit Price Points P/L
Long 05/09/2008 09/09/2008 4,847 5,107 260
Short 22/09/2008 24/09/2008 4,997 4,982 15
Long 30/09/2008 30/09/2008 4,500 4,725 225

Comments...if you look at the chart I should have waited until this morning to exit, I admit I was a bit concerned about the open profit last night after a record explosion on the SPI from open. It is the first day to reach a 5 % profit in 1 day so I closed early. As it turns out I should have waited until morning for another 100 Points!! It would have been the largest profit on the system since 1993! O well, better follow the system next time!

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