top of page

Live Trading System Signals on August 12, 2022 - Loading up on the Longs for Weekly Gains

Capstone Trading

Nice gains on the long side to put us up for the week and for the month. The 200K Portfolio was up $5,150 and the 50K Portfolio was up $1,275. This put us up $3,425 on the month in the 200K Portfolio and up $810 on the month in the 50K Portfolio. We are also up on the quarter after today (since July was approximately breakeven).


The fundamentals can diverge from the technicals. If we think the market is going down or should go down but it goes up instead, we go with the trade and take the long side since we are short term traders. (We do use a trading system to take these trades).


It is better to be profitable than try to make sense and match the fundamentals with the technicals or to insist that the market move in the direction that we believe it should. This is one of the reasons that I prefer to be a short term technical trader.

It was good to be back trading the strategies this week after nearly a month of being out of sync with the market trying to time a re-entry after a Covid pause.


The disappointment this week is that we underperformed the strategies since the 60M Breakout on the Micro Nasdaq had a 55 point wider swing on CPI this past Wednesday and seems to have triggered a monthly pause stop loss. The E-mini version is still up this week and was up 3k today but the Micro version did not trigger any signals.


I am working on this strategy. It is difficult to account for such big differences between Micros and E-minis. Fortunately a 55 point divergence between Micros and E-minis is very rare.

46 views0 comments

Recent Posts

See All

Trading System Signals on 02/10/2025

Today seemed like a strange rally. You have to wonder how the market can be so wild on Friday, gap down on Sunday night, surge higher...

Comments


EXCLUSIVE MARKET AND STRATEGY UPDATES

 Capstone Trading Systems © 2024. 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