It was a good day for scalping signals! The Hawk was pretty busy this morning generating one signal after the next in all the markets we were watching. If you’re scalping you’ll want to see this.
Feb 21 Results
H- Bought TF 1@911.8
Sold TF 1@912.8
Trade Profit: $100
H- Sold NQ 2@2721.25
Bought NQ 2@2718.75
Trade Profit: $100
H- Bought CL 1@9306
Sold CL 1@9316
Trade Profit: $100
H- Bought NQ 2@2722.50
Sold NQ 2@2716.00
Trade Profit: $100
F- Bought NQ 2@2724.50
Sold NQ 2@2717.25
Trade Loss: $290
Total: $110 profit
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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.
