BioComp Profit 8 - Trading the ES

Got a SHORT signal at the close on Friday, which I acted on at tonight's open. The trade executed at 871.00, so that's a profit of 23.5 points, or +$1,175 per contract.

So our status is as follows:

Open Position: S&P mini (ESZ8) - SHORT @ 871.00

Closed equity to date: +$2,684.50 per contract

W/L=7/12 or 58%

12 trades down, 18 to go.
 
Got a LONG signal after the close today, so I covered at 890.50, for a loss of 19.5 points, or -$975 per contract.

So our status is as follows:

Open Position: S&P mini (ESZ8) - LONG @ 890.50

Closed equity to date: +$1,709.50 per contract

W/L=7/13 or 54%

13 trades down, 17 to go.
 
Got a SHORT signal after the close on Friday, so I executed it at tonight's open, and sold at 881.00. That resulted in a loss of 9.5 points, or -$475.

So our status is as follows:

Open Position: S&P mini (ESZ8) - SHORT @ 881.00

Closed equity to date: +$1,234.50 per contract. (interesting number!)

W/L=7/14 or 50%

14 trades down, 16 to go.

The model is definitely not trading as well as it was a few weeks ago, but I can't tell yet whether it's reaching the end of its life or if it's just a temporary condition. A few more trades should tell for sure.
 
The model went LONG at the close today, so I covered the short at 873.75, for a gain of +$362.50.

So our status is as follows:

Open Position: S&P mini (ESZ8) - LONG @ 873.75

Closed equity to date: +$1,597.00 per contract.

W/L=8/15 or 53%

15 trades down, 15 to go. We're now at the halfway point.
 
So far your system is about 2 ES pts win per trade. Is this similar to your expectations and backtest?

(Well, 3 trades ago it was 4+ ES per trade, but more trades, the better the statistics)
 
Quote from Pekelo:

So far your system is about 2 ES pts win per trade. Is this similar to your expectations and backtest?
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No, as I posted early on, I was seeing more like 10 points per trade. But wasn't sure how long that would last, since it had been doing it for a while, and it was too good a performance level to last.
 
The model went SHORT at the close today, so I sold at 913.00, for a nice gain of +$1,962.50 per contract.

So our status is as follows:

Open Position: S&P mini (ESH9) - SHORT @ 913.00

Closed equity to date: +$3,559.50 per contract.

W/L=9/16 or 56%

16 trades down, 14 to go.
 
The model went LONG at the close today, so I covered at 891.25, for a gain of +$1,087.50 per contract.

So our status is as follows:

Open Position: S&P mini (ESH9) - LONG @ 891.25

Closed equity to date: +$4,647.00 per contract.

W/L=10/17 or 59%

17 trades down, 13 to go.
 
Nice trading and good results so far, although I was thinking, shouldn't you take profits sometimes in the middle of the day? Or is the system getting the signals just at the end of day?

Quote from chanelops:

...but the disaster stop gets hit very rarely. (once in the last 16 months, which of course was one of the biggest drops in decades)
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Maybe you could check the drawdowns for the previous positions, average them and make a disaster stop outside of that range. That would still give you a much smaller stop and better R:R...
 
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