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)

Today was a short trade, not very common in the model portfolio. Most of the time, down days, happen during volatile times which can make it hard to place a correct order (opening en stop loss).

This time, all five neural networks had a perfect bearish outcome, and market circumstances allowed to place a trade that made sense with regard to risk-reward. When that opportunity comes up, even if it 'feels' uncomfortable, it's the right thing to do.

The short position was opened at 3968,00. Then price hoovered a while in that area, pulled back to 3964 but buying power never really went away. Meanwhile, our fixed stop loss was lowered from the initial 3978 to 3976 and next to 3975 reasoning that if the market managed to get back up there it would probably go higher. As time went by and the market just hoovered around the 3970 area, a final adjustment was done to the stop loss, setting it at 3974. Not long afterward, the market found new buying power and went higher touching 3983,75. Luckily, our damage was relatively small. But still no clear winner after all these months, unfortunately. 

20210331 trade of the day