Cannon Trading / E-Futures.com
Below you will see two different tables for Crude Oil since we are now executing the system for more than a few clients, using two different trading engines with two different clearing house. Since the system is only executed “semi Automatically” you will see some differences in the results. This is simply part of REAL LIVE, REAL TIME TRADING versus hypothetical trading. In hypothetical trading and/or back testing, computers assume perfect conditions, getting filled on all limit orders etc.
in REAL LIVE trading, there are times when you limit gets hit but you don’t get filled, there is room for human or machine errors etc.
NET RESULTS AFTER COMMISSIONS BELOW:
Group A:
Group B:
* Past performance is not indicative of future results.
About NZL Crude Oil Day-Trading system:
The computerized trading system, “NZL-Crude Oil Day Trading” is based on a mathematical algorithm that tries to identify exhaustion in either selling or buying along with a possible short term trend reversal. This system trades the Crude Oil future contract only. The system uses volume charts to determine entry and exit ( rather than the more familiar time charts). The algorithm takes into consideration volume, momentum and speed of market in an attempt to recognize situation where “fear and greed” are at extremes. It is followed by measuring possible targets for profits along with stops. This specific system takes the approach that statistically the percent of winning trades is larger than losing trades but in return it uses larger stops than targets.
We recommend $7500 of risk capital per 1 contract traded
Futures and options trading is risky and not suitable for everyone. There is a substantial risk of loss in trading commodity futures, options and off-exchange foreign currency products.
Past performance is not indicative of future results. Continue reading “Futures Trading Levels, Crude Oil Performance”
