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

Trading results: 
2022 -$3119,00
2019 +$8185,00
2018 +$1342,50
2017 +$5843,00
All verified! 
(trading exactly one ES E-Mini S&P 500 future for the Greed and Fear model portfolio)

It's not very often that you're going to see trades of the day with gains that small. But just looking at the result doesn't tell the whole story here. This is the third trade this month, and the resemblance with the previous two trades is remarkable.

The entry was ok, price went through our buy level at 3940 with 6 points, and then came back up. The initial stop loss was at 3925. As the trade progressed, and time went by, I decided to pull up the stop loss to 3930.

You can have a trailing stop loss based on price, which is a great way to further limit your downside or protect partial gains. But you can also have a sort of time-trailing stop loss. This means you are going to pull up your stop loss every hour for instance. This way you actually want the market to make a decision on which way to go. But as always, this could also mean, you're getting stopped out too soon.

And this time, as the close of the market was approaching, I saw the indicator flip to a bearish mode for the next day. This always means I have to at least close the long position. Whether or not a short trade will follow up is undecided, but I never trade or hold a position against the indicator.

The last change in the stop loss was to pull it up to break even, and just like in the two previous trades, that's where the trade was closed.

20210330 trade of the day