Greed and Fear - Daily trading signals based on mathematics and software, no opinion, no emotion, no ego. Now with verified trading results!

Trading results: 
2021 -$1512,00
2019 +$8185,00
2018 +$1342,50
2017 +$5843,00
All verified! 
(trading exactly one E-mini S&P 500 future for the Greed and Fear model portfolio)

coinsFor trading on December 21st, there was a strong bullish signal, so an order was entered and emailed to all investors. The buy limit order was set at a level that has a significant chance of getting touched during an intraday pullback.

Combined with the buy limit, a bracket order was entered to close the position at pre-determined levels. This could be the stop loss (maximum allowed loss) or the sell limit (profit target). If either gets hit, the position is closed and the other remaining order is canceled. 

The market made a huge intraday pullback, hitting our stop loss, then dropping another 80 points, and then finally recovering all of that in an amazing move. For a single ES E-mini, an 80 points drop means $4000,- So even though, price came back up, taking an early loss of $656,- was the correct thing to do. You do not want that amount of risk ($4000,-) for a much smaller profit. In the long run, allower higher risks/drawdowns and taking smaller profits is not sustainable.

The buy limit was set at the blue line, the red line is when the stop loss closed the position. Imagine you only had a mental stop loss.......

20201221 trade of the dayClick to enlarge