Support and Resistance Track Record

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Support and Resistance Track Record
- July 2005

The purpose of this section is to give you a feel for which markets might be worth trading and which you might pass on given your own set of circumstances. The figures quoted are based on the price levels outlined in the ezine, trading single contracts and do not accurately account for slippage, commissions or other trading related fees. The Score Card is updated monthly.

PLEASE NOTE!!! Trading commodities is RISKY!!!! These figures are estimates in the interests of tracking the trades. Erich may or may not have a real money position in any market covered at any given time. This Score Card does NOT apply to Tom's Trades.

Summary for the Month of July 2005

 

Date Position Market In Out Profit/Loss
July 7–8

Buy

June Canadian $

8117

8189

+ 720

July 11–13

Sell

August Live Cattle

7887

7887

0

July 12

Sell

September Wheat

331 ¾

335 ¾

- 200

July 11–Aug 1

Sell

June Eurodollar

95.785

95.555

+ 575

July 13–15

Buy

September Corn

239 ¼

255

+ 787

July 18–20

Sell

December Cotton

5063

5026

+ 185

July 18–19

Buy

September Cocoa

1433

1427

- 60

July 18-19 Buy

September Wheat

352 ¼

348 ¾ - 175
July 21–22

Sell

August Live Cattle

7892

7952

- 240

July 21–22 Sell September Cocoa 1394 1411 - 170
July 25 Buy September Copper 161.35 161.10 - 62
July 27–28 Sell August Live Cattle 7897 7912 - 60
      Total profit:
$2267 per contract
Total losses:
$911 per contract
Net Profit for July 2005:  $1356
 before commissions and fees

 

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U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

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.



 

 

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