IWM fell by 0.4% this week, while my account fell by 2.4% to its lowest value ever. The loss-floor has fallen to -9.4% which is its lowest value since December.
|End of week allocations:
My ISP is now charging $50/month to run this money-losing robot. I need to cut memory usage down so I can switch to a cheaper cloud-hosting plan.
|Buy date||Buy price||Sell date||Sell price||Acct Profit|
|TNA||MA 12 11:00||$69.16||$69.17||MA 14 14:00||$65.72||$65.69||-0.54%|
|YHOO||MA 12||MA 12 11:00||$33.99||$34.00||MA 16 09:30||$33.66||-0.17%|
|URTY||MA 12 11:00||$79.32||$79.45||MA 13 09:30||MA 15 15:00||$79.54||$72.17||+0.00%||-1.25%|
|MA 14 11:00||$75.22||$75.21||MA 15 15:00||$72.17||-0.57%|
|ATML||MA 14||MA 14 09:31||$7.83||MA 15||MA 15 12:05||$7.61||-0.39%|
|SRTY||MA 14 12:00||$45.31||$45.29||MA 15 13:00||$47.79||$47.81||+0.52%|
URTY: On Monday, the price went above SMA(s) but below CHANDELIER(+), so the program failed with a “stop on wrong side of price” error. Sell or keep another day? I decided to keep. But Tuesday morning at 10am, the robot thought it had stopped out. Now what? There was another “Buy” order on Wednesday, so then I had a double tranche. Lost lots of money Thursday.
SRTY: First profit in quite some time! But only enough to cover same-week losses in YHOO and ATML.
TRIX-based trading model
New rule: For daily long trades, if calculated stop price is above the closing price, then sell at next day’s open instead of trying to set a stupid price that won’t work.