The last week of our Profit Run started off nicely with trending markets! Hooray! I was selective in choosing my trades and went 7 for 7. I love it when you get all winners, don’t you? +$1277.50.
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H- Sold NQ 12-12 2@2688.00
Bought NQ 12-12 2@2685.50
Trade Profit: $100
F- Sold YM 12-12 3@13001
Bought YM 12-12 3@12981
Trade Profit: $300
H- Sold CL 1-13 1@8995
Bought CL 1-13 1@8989
Trade Profit: $60
F- Sold NQ 12-12 3@2689.75
Bought NQ 12-12 3@2684.75
Trade Profit: $300
E- Sold YM 12-12 2@12998
Bought YM 12-12 2@12975
Trade Profit: $230
H- Sold YM 12-12 2@12992
Bought YM 12-12 2@12982
Trade Profit: $100
H- Bought ZB 12-12 2@150-30
Sold ZB 12-12 2@151-01
Trade Profit: $187.50
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.
