New Trade Setup: March 2012 E-Mini S&P 500 Futures

Once again we are shorting 2 contracts of the March 2012 E-Mini S&P 500 Futures. We sent out an email minutes ago announcing that we were selling at the market when the futures contract was trading at 1310.75. Our initial stop loss is at 1317 although we will look for opportunities to lower the stop soon.

There still remains every possibility that we get stopped out of this trade as we have no confirmation that the trend has turned downward. Nevertheless, we like the opportunities to enter with limited risk from nearby stops when a downturn is plausible.

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.