Email Blast

CLICK THIS LINK to read the email that accompanied this post.

Today’s Numbers

There really is no sugar coating it today.  I got hammered.  I was on the wrong side of just about everything that I did.  It happens and the numbers listed below will bear witness to that.

A Deeper Dive 

Now, what I am about to say to you may come across as self-serving on a day where I took a shellacking but trading really isn’t about a single trading day.  I could give you all sorts of reasons for the losing today..contract roll over, crude inventory report, a trading range that was 40% less than the last 20 days.  And while these would all be valid reasons, the bottom line is that my “decisions” didn’t work today.  But you know what, that happens.

One Trading Day Does Not Matter

Again, at the risk of sounding self-serving, one trading day does not matter.  It is the aggregation of trading days that is important.  in the graphics below, I am going to show you what I mean.

Calendar of Winning Days and Losing Days

Green = Winning Day; Red = Losing Day

 

So, looking at this calendar, you might assume that it has been a rough 3 months for me.

But, in reality that isn’t the case.

August – October Numbers

These numbers include today’s losses.

 

With our primary philosophy of “cut the losers short and let the winners run” we have been able to have a really good month.  By the way these stats are based upon trading 2 lots.

Winning Days vs. Losing Days

These numbers are for the period of August – October 18th and is the breakdown of the numbers listed above.

Summary

So, even the best quarterback in the NFL has losing games..in fact it got so bad that he had to remind his fans that it was all going to be ok.  So, I play this clip form time to time to remind us all to R-E-L-A-X.

Click Here for the Extended Trial

The Oil Trading Group. (“OTG”) does not hold itself out as a Commodity Trading Advisor (“CTA”). Given this representation, all information and material provided by OTG is for educational purposes only and should not be considered specific investment advice.

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.

Trading performance displayed herein is hypothetical. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance trading results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

Risk Disclosure

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not indicative of future results.