March 13th OEX ER2 CTS system results + 1.8 points per two contracts
Please read the FULL DISCLAIMER at the the end of this message. These are risky markets and it is important that you be aware of all risks of trading futures
After reviewing a Mini Russell trading system from oexstreet.com for the last 8 weeks, in which we have executed the trades in demo mode, we are now executing trades in live mode.The system trades once a day at the most, there are days where no trading is taking place. Trades are executed during the opening of the stock market and are usually over within the first 30-45 minutes of trading. The results below are based on trading 2 contracts. Minimum required account size is $5,000 and trades are executed on an "auto trade basis" through Cannon Trading exclusively. This system can be used in addition to your own trading (since it is done via "auto trade" ) and may provide diversification to your overall trading.Today's Trades:
OEX STREET ER2 CTS system results Legend: Date Entry Price Commissions Exit P/L Net P/L 0 Total 3/12/07 791.9 $26.00 be $150.00 $124.00 0 $124.00 3/13/07 790.5 $26.00 disc $180.00 $154.00 $278.00 be= Break even tgt = Target stop = stop loss exit disc. = Modified exit *Total commissions: $13 per round turn, per contract flat. Running total based on trading 2 contracts.
System monthly fees are $75 per contract, per month and lower and are not included in the results above.
About OEXSTREET.com:
OEX Street philosophy is: "Trading the Market with an Objective Approach". OEX Street has published real-time OEX options trades on the internet since 1999; making them an internet pioneer in OEX trading. In 2003 they introduced day trading of eMini futures, both Russell and S&P. After nearly a decade of hands-on trading, OEX Street has dispelled the myth of impulsive trading through the use of a mechanical approach. OEX Street removes the influence of emotion resulting in an objective, researched signal.
About Cannon Trading Co, Inc.:
Cannon Trading Co, Inc. is an Independent Introducing Broker in the field of commodities, futures and options located in Beverly Hills, CA. We provide an array of services, from self directed online trading to full service and automated trading.
Cannon has been in business since 1988, received several customer service awards, and has maintained its good standing with the NFA and CFTC since its conception.
More about Cannon Trading Co, Inc. at: http://www.cannontrading.com
About the ER2 CTS system:
The logic of ER2 CTS is based on pattern recognition; specifically identifying an expansion of the most recent trading range. This method works well when matched with a fast moving market such as the Russell Index. The goal is not simply to capture profits but to also reduce exposure to risk. The system incorporates a breakeven adjustment, which once made, after favorable moves, eliminates additional risk. The system uses mathematics in determining probabilities and does not trade every day. There are no overnight holds and most signals last less than 30-minutes.
Again, if I can provide any further information or be of any additional assistance, feel free to contact me during regular business hours (8:00 A.M. to 5:00 P.M. Eastern Time) by calling 800-454-9572 / 310-859-9572, by e-mail at ilan@cannoncapital.com or via free real time communication with Yahoo Instant Messenger. My user name is ilanlevy1970. You may also contact my colleague Sarah who works side by side with me at: sarah@cannoncapital.com or Yahoo ID sarah_cannon2006
Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. You must review customer account agreement prior to establishing an account.
Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
Sincerely,
Ilan Levy-Mayer, M.B.A
Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com
Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210
posted by Cannon Trading at 8:32 AM
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