Post Election. Today was the trading equivalent of “shooting fish in a barrel”. So long as you were SELLing you could do no wrong. I got my fair share but in all honestly I could have doubled my money today if I had been more aggressive – but there’s something about trading publicly that makes a fellow err on the side of caution. Even so I can’t complain with a $1320 profit: 9 winners, 0 losers.
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H- Sold NQ 12-12 2@2639.75
Bought NQ 12-12 2@2637.25
Trade Profit $100
E- Sold CL 12-12 1@8660
Bought CL 12-12 1@8621
Trade Profit $390
F- Bought ZB 12-12 1@150-07
Sold ZB 12-12 1@150-11
Trade Profit $125
H- Sold CL 12-12 2@8638
Bought CL 12-12 2@8628
Trade Profit $200
F- Sold YM 12-12 1@13016
Bought YM 12-12 1@12996
Trade Profit $100
H- Sold NQ 12-12 2@2638.00
Bought NQ 12-12 2@2635.50
Trade Profit $100
H- Sold CL 12-12 1@8566
Bought CL 12-12 1@8556
Trade Profit $100
F- Sold NQ 12-12 1@2620.00
Bought NQ 12-12 1@2615.25
Trade Profit $95
H- Sold CL 12-12 1@8510
Bought CL 12-12 1@8499
Trade Profit $110
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.
