Brisk trading today but a lot of choppiness early on. Big moves once the markets sorted themselves out, but the early chop got me behind the 8-ball early. Managed to dig myself out of my self imposed hole and finish $275 in the black.
E- Bought YM 12-12 1@12992
Sold YM 12-12 1@12955
Trade Loss: $185
F- Sold NQ 12-12 3@2656.25
Bought NQ 12-12 3@2654.00
Trade Profit: $135
F- Bought NQ 12-12 1@2649.50
Sold NQ 12-12 1@2640.75
Trade Loss: $175
E- Sold CL 1-13 1@8817
Bought CL 1-13 1@8776
Trade Profit: $400
H- Sold CL 1-13 1@8801
Bought CL 1-13 1@8791
Trade Profit: $100
CFTC rule 4.41(c)(1) applies to “any publication, distribution or broadcast of any report, letter, circular, memorandum, publication, writing, advertisement or other literature….” Commission rule 4.41(b) prohibits any person from presenting the performance of any simulated or hypothetical futures account or futures interest of a CTA, unless the presentation is accompanied by a disclosure statement. The statement describes the limitations of simulated or hypothetical futures trading as a guide to the performance that a CTA is likely to achieve in actual trading.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
