Support and Resistance Track Record

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Support and Resistance Track Record
- March 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 March 2005

 

Date Position Market In Out Profit/Loss
March 2

Sell

June Live Cattle

8597

8652

- 210

March 4–7

Buy

May Cotton

5076

5076

0

March 8–14

Buy

May Bean Oil

2357

2384

+ 162

March 8–14

Buy

May Wheat

339 ¼

356

+ 837.50

March 9

Buy

June Live Cattle

8972

9132

+ 640

March 8–15

Sell

December Eurodollar

95.9725

98.875

+ 243

March 10–14

Buy

May Corn

217 ¾

223

+ 262.50

March 16–21 Buy

May Cocoa

1806

1820 + 140
March 17

Sell

May Bean Oil

2389

2416

- 162

March 17–21 Sell June Live Cattle 8847 8750 + 388
March 18 Sell May Silver 729.5 735 - 275
March 17–21 Sell May Bean Meal 196.9 185.6 + 1130
March 21–23 Sell May Bean Oil 2329 2223 + 636
March 23 Sell June Live Cattle 8707 8750 - 180
March 23–24 Sell May Wheat 339 ¾ 339 ¾ 0
March 22 Sell December Eurodollar 9581 9566 + 375
Mar 28–Apr 1 Buy May Corn 211 ¼ 211 ¼ 0
March 28 Buy May Bean Oil 2316 2289 - 162
Mar 28–Apr 1 Buy May Bean Meal 189.3 189.3 0
March 28 Buy May Cocoa 1591 1669 + 780
March 31 Buy May Wheat 338 ¼ 335 ¾ - 125
      Total profit:
$5594 per contract
Total losses:
$1114 per contract
Net Profit for March 2005:  $4480
 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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