A slower day is to be expected after a big rally day, and today was no exception. The market kept teasing me, making me think it was going to offer up more than it was giving. As a result I left money on the table. Nuts. +$125.
To ask a question about this material, click here to post on the forum.
March 26, Day 2
H- Bought YM 1@14443
Sold YM 1@14457
$75 profit
H- Bought NQ 1@2798.25
Sold NQ 1@2792.00
$85 loss
F- Bought NQ 1@2799.25
Sold NQ 1@2790.00
$185 loss
F- Bought YM 1@1449
Sold YM 1@14456
$35 profit
H- Bought YM 1@14455
Sold YM 1@14467
$65 profit
F- Bought YM 1@14467
Sold YM 1@14469
$10 profit
E- Bought YM 1@14476
Sold YM 1@14478
$10 profit
F- Sold CL 1@9545
Bought CL 1@ 9525
$200 profit
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(b)(1)(i) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually 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 profits or losses similar to those shown.
Click here to see additional disclaimers