Pre-Election Day jitters and it shows. The market is flat as a pancake with little or no follow through on most of the trades. I would’ve been better off sleeping in or taking the day off. Note to self: next US election – don’t trade. -$810 for my trouble.
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H- Sold NQ 12-12 4@2646.75
Bought NQ 12-12 4@2653.00
Trade Loss $500
E- Sold YM 12-12 2@12980
Bought YM 12-12 2@13018
Trade Loss $380
F- Sold NQ 12-12 2@2646.75
Bought NQ 12-12 2@2654.25
Trade Loss $300
F- Bought NQ 12-12 4@2656.25
Sold NQ 12-12 4@2661.25
Trade Profit $400
H- Bought CL 12-12 3@8517
Sold CL 12-12 3@8527
Trade Profit $300
H- Bought NQ 12-12 2@2664.75
Sold NQ 12-12 2@2656.50
Trade Loss $330
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.
