top of page
Search

Live Trading System Results on March 8, 2024



The 250K Portfolio was up $700 today in live trading, trading the Stock Index Portfolio. We are up 1.5% on the month. The market conditions have been slightly more favorable so far this month. The range on the Nasdaq was 425 points today with a big reversal down. The range on the S&P was about 70 points with similar price action. At the end of the day, the S&P was long and the Nasdaq was short with a VIX that still closed below 15.


The Nasdaq and S&P closed down on the week while the VIX closed higher by 1.5 points. The $VIX daily chart is an uptrend with higher lows since 12/12/2023 when the $VIX made a low of 11.81.


There was a lot of strength at the open followed by a massive rollover but ultimately, we saw the end of day prop up price action that has been in the market since 2022. NVDA approached 1,000 and then sold off. The daily range on NVDA was over 100 points.


The trading system of the week was the Momentum Reversal trading system capturing three shorts.




Recent Posts

See All

Comments

EXCLUSIVE MARKET AND STRATEGY UPDATES

 Capstone Trading Systems © 2025. All Rights Reserved.

​

U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

​

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

bottom of page