A very active day in the markets with very nice follow through across the board in the Indices, Crude and even the Bonds. This meant very little nail biting during trades. The Crude report came out mid-morning and sent the market spiraling lower. It unfolded so fast it was nearly impossible to put on a position but I still managed to take my fair share out of the decline. I hope the markets continue on like this! This is reminiscent of the “good ole days”. Finished the morning up $913.75.
Bought NQ 12-12 4@2767.25
Sold NQ 12-12 3@2769.75 $150 profit
Sold NQ 12-12 1@2769.25 $40 profit
Trade Profit $190
Bought CL 11-12 1@9269
Sold CL 11-12 1@9266
Trade Loss $30
Bought NQ 12-12 5@2776.50
Sold NQ 12-12 4@2788.50 $240 profit
Sold NQ 12-12 1@2776.50 $0 profit
Trade Profit $240
Sold ZB 12-12 1@147-03
Bought ZB 12-12 1@147-00
Trade Profit $93.75
Bought YM 12-12 6@13481
Sold YM 12-12 4@13491 $200 profit
Sold YM 12-12 2@13482 $10 profit
Trade Profit $210
Sold CL 11-12 1@9210
Bought CL 11-12 1@9199
Trade Profit $110
Sold CL 11-12 1@9206
Bought CL 11-12 1@9196
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.
