No shortage of trades today although it was a little tricky getting a handle on the markets as there was no consistency. The YM was down but the NQ was up, Bonds were up and Crude was all over the place. Things settled down after an hour after which we had a flurry of trades but all told it was a good day: +$655.
H = Hawk, F = Falcon, E = Eagle
H- Bought NQ 12-12 4@2667.00
Sold NQ 12-12 3@2669.25 $135 profit
Sold NQ 12-12 1@2668.00 $10 profit
Trade Profit $145
F- Bought NQ 12-12 3@2667.00
Sold NQ 12-12 3@2667.50
Trade Profit $15
H- Bought NQ 12-12 5@2671.50
Sold NQ 12-12 5@2666.75
Trade Loss $475
H- Sold YM 12-12 3@13076
Bought YM 12-12 2@13067 $90 profit
Bought YM 12-12 1@13074 $10 profit
Trade Profit $100
H- Bought CL 12-12 1@8622
Sold CL 12-12 1@8632
Trade Profit $100
H- Sold YM 12-12 2@13063
Bought YM 12-12 2@13052
Trade Profit $110
H- Sold CL 12-12 1@8610
Bought CL 12-12 1@8600
Trade Profit $100
F- Sold CL 12-12 1@8602
Bought CL 12-12 1@8578
Trade Profit $240
F- Sold NQ 12-12 3@2661.50
Bought NQ 12-12 2@2656.50 $200 profit
Bought NQ 12-12 1@2655.50 $120 profit
Trade Profit $320
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.
