Friday, April 27, 2018

New Model Rule

The model was still short yesterday based on the forward forecast.  But Facebook's earnings release pushed the market up and I lost money. So, now I will check the model in real time as well before putting on trades. Also, today's decision based purely on forecasts would have been to stay short like yesterday's. But yesterday the actual observed indicator signalled a buy. So, now we add a rule that if the actual observed signal yesterday was a buy that over-rides a forecast....

Now Amazon released their earnings an the market is up in after hours again.... I put on my first full size futures order with a 1% stop buying the E_Mini S&P. Now this is the real test of the model...

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