Support and Resistance Track Record

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Support and Resistance Track Record
- May 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 May 2005

 

Date Position Market In Out Profit/Loss
May 2

Sell

March Eurodollar

9591.5

9596.0

-112

May 2–10

Sell

June Cattle

8522

8567

-180

May 2–5

Sell

July Wheat

323 ¼

314 ¼

+ 450

May 2–3

Sell

July Silver

686.5

691.5

-250

May 9–10

Sell

March Eurodollar

9582.5

9587

-112

May 11

Sell

July Silver

702.5

707.5

-250

May 12–16

Sell

July Corn

204 ¼

206 ¼

-100

May 12–18 Sell

July Bean Oil 

2289

2213 +456
May 12 – 16

Sell

July Cocoa

1487

1421

+660

May 12 – 16 Sell July Wheat 310 ¾ 307 ¼ +175
May 13 – 17 Sell July Cotton 5477 5050 +2135
May 17 Sell March Eurodollar 9598.5 9603.5 -125
May 18 – 26 Sell June Cattle 8672.5 8472.5 800 profit
May 23 Buy July Wheat 318 ¾ 336 ¾ 900 profit
May 25–June 3 Sell July Cocoa 1429 1433 -40
May 26 – 31 Buy July Cotton 5057 4985 -360
May 25 – 27 Sell June Canadian $ 7907 7920 -130
May 26 Sell March Eurodollar 9598.5 9602.5 -100
May 31–June 2 Buy July Silver 731.5 759.5 1400 profit
      Total profit:
$6976 per contract
Total losses:
$1759 per contract
Net Profit for May 2005:  $5217
 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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