First February Trade

The following information is for educational and entertainment purposes only. Rio Verde Trading and the author make no claim that anyone can or will achieve similar results in their trading.

A trade set up in SPY on Friday, January 27, was confirmed Monday, January 30.

January 30: Bought to open 25 SPY at 227.62, net $5,692.50.
January 31: Buy signal continues, bought 25 SPY at 227.59, net $5,691.75.
February 1: Sell signal, sold to close 50 SPY at 227.58, net $11,371.00.
Net Loss: $-7.25, ROI -0.24%.

January 27 was also a set up trade for IWM, which also was confirmed January 30 at 134.29. January 31 produced a sell signal for this trade not taken, at 135.23, producing a profit of 0.94 per share.

Disappointing, missing a profit in IWM and having to settle for a small loss in SPY.  However SPY historically has been the most consistent performer of all the ETFs I follow. When multiple trades develop simultaneously, I will stick with SPY, it will work out better in the end.