DISCLAIMER

PLEASE READ THE DISCLAIMER AT THE BOTTOM OF THIS PAGE WHICH APPLIES TO ALL CONTENT IN THIS BLOG AS WELL AS ANY OTHER MATERIAL FROM WE ARE FUTURES TRADERS LLC. READING ANY CONTENT BELOW CONSTITUTES AN AGREEMENT BY ALL READERS THAT THEY HAVE READ AND AGREE TO ALL THAT IS SET FORTH IN THE DISCLAIMER AT THE BOTTOM OF THIS PAGE.


Sunday, March 08, 2009

I thought it would make sense to do a report card on how I have done here recently. As a trader there is no bs your results are measured in dollars and cents, there is no try, make money or lose it.



Here are my recent market calls and then a review of how good or bad they were:



Bonds - I posted selling time on the exact day of the retracement high the market fell from 135 to 123 a $12,000 a contract move, A for that class.



Natural Gas - I stated it was set up for a sell but thought it would drift a bit higher first. It drifted higher for 3 more days then tanked. This was a tad over $9,000 per contract to the low, A as well here.



Gold - I posted that this was good for $100 on the short side on the day the market made a high of 1007.7, the recent low is 900.4, over $10,000 per contract, another A+.



Dollar - I posted that I thought we had a short sale setup that might look marginal after the fact, this was a lousy call as the market has basically chopped around and gone nowhere, up slightly. I also said that if we break out to new highs the market could really take off, jury still out on that one. Overall I would rate this as a D.



Stocks - I have said that I thought we would have a bounce in March, then the next day fine tuned that to March 13th being the low. Obviously we do not know if that is any good or not yet. If I am right here the low should either occur at the end of this week or close to it.



Report Card shows 3 A or A +'s if the plus is allowed, one D and one incomplete. Hard to be better than that overall, if you can win 3 out of 4 times and get moves that large, you can make more money than you can imagine. Let's hope my views continue to be this good!

1 comment:

rich t said...

Great work Chris... thanks for sharing your insights.

Rich