mnGapAutotrader Nets $848 Win On Dow Futures Today

If there is a good example of the benefits of using an automated trading system to trade the opening gap, the performance with Dow futures (YM) today is it.

There was a large down gap resulting from the poor results released by Goldman Sachs and IBM, which seemed almost impossible to fill during the session.

With patience way beyond what I could have personally tolerated if manually managing this trade, mnGapAutotrader hung in until the gap was eventually filled, despite there being a retrace from close to the gap fill point.

The new stop loss functionality that moves the stops when profit targets have been hit also came into play to protect existing profits during the trade.

This excellent performance today takes the gap autotrader into profit for YM once again this month. There has been a strong performance so far with S&P 500 futures (ES), however the performance with Nasdaq futures (NQ) remains weak so far this month.

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