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)

coinsThis trade was a two-day trade, something we haven't seen in a while. But it's perfectly ok of course. If the indicator keeps pointing in the same direction, there's no need to close the position. Although, some scenario's come to mind where closing and reopening the position could add some extra profit.

Say, the trade has gone very well and the S&P 500/ES is about to close at the high of the day. Eventually, there's going to be a minor pullback, especially with the daily expected volatility. So maybe it's possible to ride that last trajectory twice. Close the position and reopen the next day, say, 10 points lower. Those 10 points will easily fall within the daily expected volatility and under the assumption that there will be a higher close again, this will add an extra 10 points to your result.

In this case, the profit target was almost hit, only a few points away so I was really anticipating an overnight hit of that target. Allowing a new long trade the next day. But overnight, the market went mostly sideways, so the position was still running. Around an hour in regular trading hours, finally, the target was hit and profit was taken automatically (because of the bracket order).

20210414 trade of the day