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Strategies & Market Trends : Befriend the Trend Trading
SPY 684.39+0.1%Dec 4 4:00 PM EST

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To: Dr. Stoxx who wrote (7233)5/22/2000 3:51:00 PM
From: Dr. Stoxx  Read Replies (4) of 39683
 
DIGL UPDATE:

200 shares traded on a $5800 margin account

Opening buy-and-hold price on 4/3/2000: 57.75

Note: trades 1-12 are backtested (papertrades)

1. Short: 57.75 to 57.125 = $105
2. Long: 57.125 to 64 = $1355
3. Short: 64 to 66.25 = ($470)
4. Long: 66.25 to 68 = $330
5. Short: 68 to 36.5 = $6280...a monster trade!
6. Long: 36.5 to 32 = ($920)
7. Short: 32 to 36.75 = ($970)
8. Long: 36.75 to 54.5 = $3530
9. Short: 54.5 to 44.125 = $2055
10. Long: 44.125 to 68.75 = $4905
11. Short: 68.75 to 61 = $1530
12. Long: 61 to 65.25 = $830

Note: the following trades were made with real money ($6550 margined)

13. Short: 65.25 to 57.88 = $1454
14. Long: 57.75 to 61.75 $780
15. Short: 61.625 to 61.25 $55
16. Long: 61.3125 to 62.75 $268
17. Short: 62.5 to 63.5 ($220)
18. Long: 63.5 to 66.75 $630
19. Short: 66.5 to 55.625 $2155

Total profit = $23,682 (408% in 6 weeks!)
Actual cash profit = $5122 (78% in less than 1 month!)

Buy and hold: 4.1% loss

TC
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