Strategy Desk Users' Group

[Tony G]

Mattie -

Just curious, are most of your strategies based on Daily bars and triggers, or more intraday?

Here is an example of one I entered last week. I hate trading oil, so I let the program do it.

On 4/23 my Daily strategy gave BUY triggers in DXO and CVX. The DXO chart looked the best so I let it buy that one. Stop loss is under 2.40. Volume was light so the trade is risky. Here's the chart I captured on 4/23 entry.



Model Backtesting:

BUY 12-29-08 9:31 am @ 2.22
SELL 01-07-09 10:31 am @ 3.20 (+44% gain)

BUY 02-19-09 1:02 pm @ 1.96
SELL 03-25-09 9:31 am @ 3.05 (+55% gain)

BUY 04-23-09 9:31 am @ 2.63

** I got bored watching this and wanted into something else, so I manually took profits yesterday at 2.75. I left money on the table as today it hit 3.00 ** oh well. Incidentally, the S&P 850 puts I bought with that money went down today. Should have left the computer alone.