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

We are still looking to establish a new short position in the March S&P 500 E-Mini Futures. We are moving our sell stop up from 1303.00 to 1306.75. If it is triggered then we will still place our buy stop loss order at 1318.50. If trade climbs above 1318.50 before trade sees 1306.75 to put us in a short position then we will cancel the sell order and look for alternate entry criteria for a future setup.

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.