SPY rose 3.8% this week, while my account fell 0.1%. Next week is expected to be about the same.
|│||Daily % gain |
|│||Max % loss||│||Results|
TNA: Sold due to drop in MACD, but then the market “melted up” for the Santa Clause rally. MACD does not do well with melt-ups, but TRIX does. Perhaps I should use both indicators?
IAU: Doing okay. Sell next Friday unless it does very well and my stop rises above break-even.
Automated trading: I have written up a system that accesses Schwab’s website using a web browser and some Greasemonkey scripts. Next week I’ll let it run “dry” to shake out the bugs, then maybe give it some money the following week. (Might have to wait an extra week if the Santa rally continues and there are no MACD swing trades for the rest of the year.)
MACD-based swing trades
|Buy date||Buy price||Sell date||Sell price||Profit|
|TNA||DE 15 14:00||DE 15 16:50||$40.90||$41.00||DE 19 12:00||DE 19 12:10||$40.75||$41.10||-0.6%||+0.0%|
|TNA#2||DE 20 11:00||skipped||$43.62||DE 21 13:00||skipped||$43.27||-1.0%||+0.0%|
TNA: As usual, the model bought for a better price than I did, but I sold for a better price. Managed to break even, during a week when this ticker rose a lot.
TNA#2: Skipped this trade bacause PPO-signal was positive. Avoided a loss.