It pays to be choosey and careful when you trade. Literally! +$495

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May 16, Day 32

E- Bought NQ 1@3009.25
Sold NQ 1@3004.00
$105 loss

F- Sold CL 1@9440
Bought CL 1@9420
$200 profit

H- Bought CL 1@9462
Sold CL 1@9472
$100 profit

F- Bought CL 1@9479
Sold CL 1@9499
$200 profit

H- Bought NQ 2@3013.50
Sold NQ 2@3016.00
$100 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.

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