Support and Resistance Track Record

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Support and Resistance Track Record
- November 2004

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 November 2004

 

Date Position Market In Out Profit/Loss
Nov 1-5

Sell

Corn

200 ¾

197 ¼

+ 175

Nov 3-5

Sell

Bean Oil

2098

2011

+ 522

Nov 3-5

Buy

Canadian Dollar

8223

8266

+ 430

Nov 5-9

Sell

Eurodollar

96.775

96.620

+ 387.50

Nov 10

Whipsaw

Eurodollar

- 137

Nov 11-15

Sell

Wheat

302 ¾

 305 ¼

- 125

Nov 16

Whipsaw

Cotton

 

- 160

Nov 17-19

Buy

Bean Oil

2171

2135 - 216
Nov 17-18

Buy

Live Cattle

8872.5

8750

- 490 (gap!)

Nov 22–Dec 2

Sell

Wheat

318 ¼

299 ¾

+ 925

Nov 22-26

Buy

Canadian Dollar

8403

8463

+ 600

Nov 30-Dec 1

Buy

Cotton

4407

4449 + 210
Nov 29-30

Sell

Cocoa

 1578

1620

- 420 (gap!)

Nov 29-30

Buy

Silver

771.5

780

 + 425

      Total profit:
$3674.50
Total losses:
$1548
Net Profit for November:  $2126.50
 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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