A very busy day trading today. There was nothing but opportunities coming my way. So long as I sticking with the trend I was making money. The odd time I chose to “get cute” and try a countertrend trade it bit me. Why is so hard to resist those countertrend trades? Somebody invent a pill! Finished the day +$926.25.
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H – Bought YM 12-12 2@12926
Sold YM 12-12 2@12897
Trade Loss $290
F- Bought NQ 12-12 3@2622.75
Sold NQ 12-12 3@2627.75
Trade Profit $300
H – Sold NQ 12-12 2@2612.00
Bought NQ 12-12 2@2609.50
Trade Profit $100
H- Sold YM 12-12 2@12890
Bought YM 12-12 2@12880
Trade Profit $100
E- Sold CL 12-12 1@8488
Bought CL 12-12 1@8480
Trade Profit $80
H- Sold CL 12-12 2@8484
Bought CL 12-12 2@8474
Trade Profit $200
E- Sold YM 12-12 1@12846
Bought YM 12-12 1@12717
Trade Profit $645
H- Sold CL 12-12 2@8472
Bought CL 12-12 2@8462
Trade Profit $200
H- Sold YM 12-12 1@12857
Bought YM 12-12 1@12858
Trade Loss $5
H- Sold CL 12-12 1@8434
Bought CL 12-12 1@8424
Trade Profit $100
E – Sold ZB 12-12 1@149-27
Bought ZB 12-12 1@150-07
Trade Loss $343.75
F- Sold CL 12-12 1@8473
Bought CL 12-12 1@8472
Trade Profit $10
H- Sold NQ 12-12 2@2604.25
Bought NQ 12-12 2@2601.75
Trade Profit $100
H- Sold NQ 12-12 1@2606.75
Bought NQ 12-12 1@2604.25
Trade Profit $50
F- Bought NQ 12-12 3@2608.50
Sold NQ 12-12 3@2601.50
Trade Loss $420
H- Sold CL 12-12 1@8434
Bought CL 12-12 1@8424
Trade Profit $100
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.
