Jigsaw Trading Blog

Open Trade on the S&P500 Futures

Published on: May 17, 2016

A customer asked a couple of days ago if we had any sample videos of the pullback trades we discuss in our webinars. I was pretty sure there were some on the site but when I looked, the cupboard was bare!

That basically means we’ve been a little remiss in posting up trade videos but that will change and today is the first one we are putting out. This is not a pullback trade as that opportunity wasn’t there but it is one of our “Trading the Open” trades.

We could have played this trade from the top or the bottom of the extremes of overnight volume but we played the top. We did get an initial move and a first target but that was all. What is key in this video is the “hold” that occurred prior to taking the trade and the way the momentum faded when in the trade. Momentum faded, the meters were flat and in addition the DOW and Nasdaq were starting to move against us. So from a trade management perspective there was a lot going on.

Switch to Full Screen, Full HD for best results.

You can see the full video on this trading technique here and a video on trade management here

BONUS: Take a look into the decision making process of professional traders with this video training series that helps you make smarter trading decisions.

Read more articles about trading

“Trading Season” – What to look out for in the coming months

by admin | Sep 6, 2022

"Trading Season" - What to look out for in the coming months Published on: September 06, 2022 Now we are past Labour Day, we normally give to the week after the holidays and consider that a "full house of Global traders". In other words, people are back from holiday...

Understanding the Flat & Cancel Processes

by admin | Aug 8, 2022

Understanding the Flat & Cancel Processes Published on: August 08, 2022 With markets experiencing extremely high volatility, we feel it necessary to explain the process of Flattening a position or Cancelling all Orders. Or both! First, let's consider a simple...

Trade Journaling: When Will You Need It?

by admin | Mar 14, 2022

Trade Journaling: When Will You Need It? Published on: March 14, 2022 If there's one thing that almost all traders fail to take care of in their journey it's... themselves! It's really up to you if you want trading to be a series of failures, on the path to profit. Or...

0 Comments

Submit a Comment Cancel reply

Privacy Policy

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

Jigsaw Leaderboard
Note that the Jigsaw Leaderboard contains a mixture of SIM/Live Traders. For many traders, you can click by their name to see the trades along with the SIM/Live designation.

The following is a mandatory disclaimer for SIM Trading results:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.