No shortage of trades today. The markets had good follow through on most of our positions and seemed to be trending rather well. It’s always nicer to be trading a trending market than a choppy one. That’s not to say you can’t make money in choppy market, just that you have to be much more aggressive and alert to do so. Add another $937.50 to the account.
H- Sold NQ 12-12 2@2625.00
Bought NQ 12-12 2@2622.50
Trade Profit: $100
F- Sold NQ 12-12 1@2624.75
Bought NQ 12-12 1@2619.75
Trade Profit $100
F- Sold YM 12-12 1@12790
Bought YM 12-12 1@12788
Trade Profit: $10
H- Sold NQ 12-12 2@2621.75
Bought NQ 12-12 2@2619.25
Trade Profit: $100
H- Sold CL 1-13 1@8548
Bought CL 1-13 1@8546
Trade Profit: $20
F- Sold CL 1-13 1@8546
Bought CL 1-13 1@8556
Trade Loss: $100
H- Sold CL 1-13 1@8541
Bought CL 1-13 1@8569
Trade Loss: $280
F- Bought CL 1-13 2@8555
Sold CL 1-13 2@8575
Trade Profit: $400
H- Bought YM 12-12 2@12798
Sold YM 12-12 2@12807
Trade Profit: $90
F- Bought YM 12-12 3@12819
Sold YM 12-12 3@12837
Trade Profit: $270
F- Bought CL 1-13 1@8516
Sold CL 1-13 1@8638
Trade Profit: $200
H- Bought CL 1-13 1@8623
Sold CL 1-13 1@8634
Trade Profit: $110
H- Bought NQ 12-12 2@2637.75
Sold NQ 12-12 2@2630.75
Trade Loss: $280
F- Bought YM 12-12 1@12861
Sold YM 12-12 1@12848
Trade Loss: $65
H- Sold ZB 12-12 1@151-10
Bought ZB 12-12 1@151-08
Trade Profit: $62.50
E- Bought NQ 12-12 1@2640.00
Sold NQ 12-12 1@2650.00
Trade Profit: $200
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.
