Support and Resistance Track Record

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Support and Resistance Track Record
- June 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 June 2005

 

Date Position Market In Out Profit/Loss
June 1–3

Buy

June Canadian $

8006

7999

-70

June 1

Buy

March Eurodollar

9610.5

9626.5

+ 400

June 2–3

Sell

June Cattle

8415

8467

+ 450

June 6–9

Sell

July Cotton

4798

4335

+ 315

June 7–9

Sell

July Wheat

320 ¾

315 ¾

- 250

June 10–13

Sell

July Corn

212 ¾

213 ¼

- 25

June 13

Buy

July Wheat

320 ¼

316 ¾

- 175

June 15–21 Buy

July Wheat

322 ¼

343 + 1037
June 15

Sell

July Cotton

4719

4766

+ 235

June 15–20 Buy July Silver 732.5 732.5 0
June 15 Sell March Eurodollar 9594 9602 - 200
June 22–24 Buy September Cocoa 1566 1566 0
June 23 Sell December Cotton 5207 5247 - 200
June 27 Sell August Cattle 7967 8002 - 140
June 28–30 Sell September Silver 719.5 719.5 0
June 29 Buy December Bean Oil 2523 2497 -156
June 29–July 5 Sell March Eurodollar 9602.5 9584.5 + 450
      Total profit:
$2452 per contract
Total losses:
$1411 per contract
Net Profit for June 2005:  $1041
 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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