Big reversal in the last hour stopped out our Cobra III longs. If i'm going to be wrong, I prefer to be really wrong than to be stopped out at the lows with a bounce back. These wide ranging reversal at the 10% pullback point from all time highs are interesting.
The results below are hypothetical results based on the trading system signals. We trade the strategies and portfolios but we don't trade all systems, all of the time, and do use some discretion when determining which strategies to trades. We also do take additional discretionary trades. Some of the trading system trades shown may be taken while other trades may not be taken, based on our discretion. For this reason, the information here should be considered informational and educational and can represent how our trading software operates on different platforms.
For the purpose of this blog post, since we do use discretion in our live trading: All trades presented are NOT LIVE TRADED IN A LIVE ACCOUNT and should be considered hypothetical.
Cobra III E-mini S&P = -$325.00
Cobra III E-mini S&P Non Profit Target Version = -$625.00
25K Portfolio Total = -$950.00
100K Portfolio Total = -$950.00
One Million Dollar Portfolio Total = -$4,750.00