Wednesday, March 19, 2008

BE2 Filled

Filled 1320.25 BE2
June Emini
Position: 2
1323.750 BA12





Working Orders:



Buy
Sell
Type Price
Price Type
BE3 1313.25
1324.75 SF1





BE1 Filled

Filled 1327.25 BE1
June Emini
Position: 1







Working Orders:



Buy
Sell
Type Price
Price Type
BE2 1320.25
1340.75 SF1





New Working Orders

Position: 0







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1327.25
1340.75 SE1





Good Morning Emini / SP500

Today we enter the day flat (no position). Working orders will be posted shortly after the open.

Position: 0

Working Orders: 0

====

Yesterday I had the opportunity to explain what The Saxon Institute is. Today I wish to tell more about myself. It is the most common question I get on from the FB 2.0 Blog through emails.

Who is J Barlow Smith?


I am the owner and developer of The Saxon Institute.


My experience as a professional trader spans the last 25 years. When I look back at my past in the industry, I can label three stages that I went through:

1. Floor Trader (1982 -1994) Member of the Chicago Board of Trade

2. Head Trader (1994 – 2005) Money Management.

3. Proprietary Trader (2005 – Present) Trading Privately.


I will take the time to explain more about the above stages of my career throughout today.

Tuesday, March 18, 2008

What is The Saxon Institute?

The Saxon Institute is the fruition of my twenty-five years of trading experience as well as experience of how the industry works.

What I mean is – as in every profession – there is the basic information and knowledge that my experience has profited me and I hope to present, through the Institute, that body of experience in an organized manner.

I have decided to make The Saxon Institute a web based platform for the purpose of being informational and educational to traders specifically.

The Web Site is in production now and has been for some time. It will be published to the web soon. I take my work seriously and wish it to be beneficial to all traders of equity indexes and index options.

The Web site will be a work in progress for 2008 and will develop quickly as original content is added daily.


Stay tuned, the announcement will be made on this FB 2.0 Trade blog.


3.18.08 4.15 Settlement Emini / Sp500


Summary:

Due to it being Fed Day, I decided not to trade today.

We entered the day flat, no trades, and we concluded the day flat.

42% return in 45 days as Traffic and Interest Spike

Dear Reader,

While we await the FED this afternoon, I am going to take this opportunity to thank all my viewers.

When I started to record and document the FB 2.0 Trade, it was intended to be for a few that were interested in knowing the buy and sell levels real-time.

After being up over 18% in February, and now up more than 25% month -to-date in March, the traffic (people stopping by the Blog) has increased dramatically and constantly. Everyday we have more visitors than the day before - excluding weekends.

Apparently there is a an interest in making 43% on your money in a month and a half.

I have always been a professional trader and handy with computers; but this blogging thing is new to me and many said I should have a website. Really I began this blog as a lark and used one of my trading vehicles the FB 2.0 (Dubbed the Fishbone by users) as the shell around which to become proficient at blogging. But it has turned into something different and (in a word) exciting for me. So I appreciate the emails and comments.

And again thanks to all of you that are making my blogging experience enjoyable.

(By the way, I hope the entry levels have been helpful to you.)


I will be back today with further posts.

Barlow





Good Morning FB 2.0 Emini / Sp500

Today we enter the day flat (0 position), and there will be no FB 2.0 Trades before the Fed announcement at 2:15 EST.

Instead, I would like to address some Frequently Asked Questions, that I receive in my daily emails. I will write throughout the day to explain:

1. What is The Saxon Institute?

2. Who is J Barlow Smith?

3 How do I use the FB 2.0 Trade and this blog?

... amongst other questions.

If you are new to this blog, please do not hesitate to email me -

j.barlow.smith@gmail.com

to introduce yourself and ask a question.

Thank you to all that have emailed me in the past. It helps me understand what you need and don't understand. It assist me in creating a better blog for all.

Stop back today and learn more about the FB 2.0 Trade.

Barlow

Monday, March 17, 2008

3.17.08 4.15 Settlement FB 2.0 Emini / SP500


Trade Date:






3/17/2008







EST
Buy
Sell

Position Time Type Price Average Price Type P/L








-1 3:21


1275.75 SE1
-2 10:58

1279.75 1283.75 SE2
-1 11:29 BF1 1272.25


$375.00
0 12:04 BF2 1265.25


$725.00
-1 2:59


1278.75 SE1
-2 3:29

1282.25 1285.75 SE2
-1 3:58 BF1 1279.25


$150.00
0 3:59 BF2 1277.75


$225.00





















10.93%
$1,475.00


Summary:

Today's P/L $1475.00; for a 10.93% gain.

We entered the day flat (o position). During the day we sold 4 times and bought 4 times.

We conclude the day flat (0 Position).

BF2 Filled

We are flat (0 position). There will be no more wroking orders today.

Filled 1277.75 BF2
June Emini
Position: 0
1282.250 SA12





Working Orders:



Buy
Sell
Type Price
Price Type





BF1 Filled

Filled 1279.25 BF1
June Emini
Position: -1
1282.250 SA12





Working Orders:



Buy
Sell
Type Price
Price Type
BF2 1277.50


New Working Orders into 4:15 Close

Below are the new working orders of BF1 and BF2; if BF1 is not filled, we will buy 1 on the 4:15 close to go home short -1.

Position: -2
1282.250 SA12





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1279.25


BF2 1277.75


SE2 Filled

Filled 1285.75 SE2
June Emini
Position: -2
1282.250 SA12





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1273.25







SE1 Filled

Filled 1278.75 SE1
June Emini
Position: -1







Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1264.25
1285.75 SE2





BF2 Filled

Filled 1265.25 BF2
June Emini
Position: 0







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1257.25
1278.75 SE1

BF1 Filled

Filled 1272.25 BF1
June Emini
Position: -1
1279.750 SA12





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1265.25
1290.75 SE3

SE2 Filled

Filled 1283.75 SE2
June Emini
Position: -2
1279.750 SA12





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1272.25
1290.75 SE3





SE1 Filled

Filled 1275.75 SE1
June Emini
Position: -1







Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1262.25
1283.75 SE2





New Working Orders

Position: 0







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1262.25
1275.75 SE1





Good Morning FB 2.0 Emini / SP500

We enter the day flat (0 position). Working orders will be posted shortly after the opening.

Position: 0







Working Orders:



Buy
Sell
Type Price
Price Type





==========

There have been many exciting things going on behind the scenes at The Saxon Institute. We are close to publishing the SF 1.0 Trade and starting the The Saxon Institute Blog.

The Saxon Institute Blog will be educational and informational in content for the Emini / Stock Market Traders.

Stay tuned this week for more information.

Barlow