Monday, December 1, 2008

TsuBot "Position-Scalps" the Eurocurrency!







We call "position-scalping" a market going for a reasonable profit goal but once reaching that goal, grabbing the money while we can. We did that today on the 144 tic Eurocurrency futures. Our goal was two 12 tic winning trades and we reached our daily profit target in short order. The first trade was taken at 8:33 am est and the second at 8:59 am est. We were done trading for the day by 9:12 am est with a clean $1200 profit for the day. Have a great trading day!
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Futures, stock 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, stock 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, stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed here or on the company website. 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.