Trade Update: March 2012 S&P E-Mini Futures

Since announcing this trade we had several updates by email. First to raise the entry stop to 1295.25 and then to set our stop loss to 1298.75. We were stopped out of our position inMarch 2012 S&P 500 E-Mini Futures at for a net loss of $350. The opportunity to the short side continues to look ripe and we will be looking for other opportunities where we can control risk as we try to get positioned for a possible move down.

This is a fictitious model portfolio managed to demonstrate trading techniques which may be used to trade a speculative account. The description of this hypothetical transaction is for education purposes only. Nothing related to the portfolio should be interpreted as a recommendation to buy or sell any security and the general techniques employed may not be suitable for every individual. Past performance of these techniques or this portfolio may not be representative of future results and results shown may vary from actual, live trading results subject to commissions and live market conditions including liquidity.