| 5/26/98 Closing Update |
| Guess what? While we are on holiday, Europe and Asian was still up and running. The $ jump ahead against all almost everything expect the GBP. Took off another part of the GBP/CHF trade as profit protection and re-enter the short side again in Aus $ after it resumed its down trend in Monday. All trades were done on Glabex on the open. What else can you do. We live in a global market place now. There is no down time expect that small window between the close at NY and the open at Sydney. |
| Close of | Trade date | 22-May-98 | Morning | |||||||||||||
| COMMODITY | TRADE DATE | SIZE | PRICE | LAST | CHANGE | Dail OTE | OTE | STOPS | ||||||||
| USM8 | $ - | $ - | N/A | |||||||||||||
| TYM8 | $ - | $ - | N/A | |||||||||||||
| FVM8 | $ - | $ - | N/A | |||||||||||||
| EDU8 | $ - | $ - | N/A | |||||||||||||
| ADM8 | 26-May | -3 | 6265 | 6216 | -49 | $ 1,470.00 | $ 1,470.00 | 6318 | ||||||||
| CDM8 | $ - | $ - | N/A | |||||||||||||
| BPM8 | 7-May | -2 | 16558 | 16346 | 52 | $ (650.00) | $ 2,650.00 | 16323 | ||||||||
| BPM8 | 26-May | 1 | 16304 | 16346 | 42 | $ 262.50 | $ 262.50 | 16323 | ||||||||
| DMM8 | 24-Apr | 2 | 5583 | 5655 | -42 | $ (1,050.00) | $ 1,800.00 | 5671 | ||||||||
| DMM8 | 7-May | 1 | 5676 | 5655 | -42 | $ (525.00) | $ (262.50) | 5671 | ||||||||
| SFM8 | 5-May | 2 | 6800 | 6812 | -40 | $ (1,000.00) | $ 300.00 | 6809 | ||||||||
| SFM8 | 7-May | 2 | 6815 | 6812 | -40 | $ (1,000.00) | $ (75.00) | 6809 | ||||||||
| SFM8 | 26-May | -1 | 6858 | 6812 | -46 | $ 575.00 | $ 575.00 | 6809 | ||||||||
| JYM8 | 5-May | -1 | 7650 | 7271 | -116 | $ 1,450.00 | $ 4,737.50 | 7432 | ||||||||
| JYM8 | 6-May | -1 | 7600 | 7271 | -116 | $ 1,450.00 | $ 4,112.50 | 7432 | ||||||||
| SPM8 | $ - | $ - | N/A | |||||||||||||
| GCM8 | $ - | $ - | N/A | |||||||||||||
| SIN8 | $ - | $ - | N/A | |||||||||||||
| HGN8 | $ - | $ - | N/A | |||||||||||||
| CLM8 | $ - | $ - | N/A | |||||||||||||
| HOM8 | $ - | $ - | N/A | |||||||||||||
| HUM8 | $ - | $ - | N/A | |||||||||||||
| NGM8 | $ - | $ - | N/A | |||||||||||||
| SBN8 | $ - | $ - | N/A | |||||||||||||
| KCN8 | $ - | $ - | N/A | |||||||||||||
| KCN8 | $ - | $ - | N/A | |||||||||||||
| CON8 | $ - | $ - | N/A | |||||||||||||
| SN8 | $ - | $ - | N/A | |||||||||||||
| CN8 | $ - | $ - | N/A | |||||||||||||
| WN8 | $ - | $ - | N/A | |||||||||||||
| SMN8 | $ - | $ - | N/A | |||||||||||||
| BON8 | $ - | $ - | N/A | |||||||||||||
| Total | $ 982.50 | $ 15,570.00 |
| MTD Realized P&L | ||||||||||||||
| COMM | EXIT DATE | SIZE | EXIT PRICE | ENTER-DATE | ENTRY SIZE | EXTRY-PRICE | P&L | |||||||
| JYM8 | 5-May | 1 | 7650 | 5-May | -1 | 7761 | $ 1,387.50 | |||||||
| KCN8 | 5-May | 1 | 12995 | 1-May | -1 | 13145 | $562.50 | |||||||
| JYM8 775 C | 6-May | -1 | 50 | 5-May | 1 | 77 | $ (337.50) | |||||||
| KCN8 | 6-May | 1 | 12600 | 5-May | -1 | 13255 | $2,456.25 | |||||||
| KCN8 | 7-May | 1 | 12515 | 7-May | -1 | 12700 | $693.75 | |||||||
| KCN8 | 8-May | 1 | 12600 | 8-May | -1 | 12720 | $450.00 | |||||||
| DMM8 | 11-May | -1 | 5639 | 24-Apr | 1 | 5583 | $700.00 | |||||||
| JYM8 | 11-May | 1 | 7574 | 24-Apr | -1 | 7761 | $2,337.50 | |||||||
| KCN8 | 11-May | 1 | 12700 | 11-May | -1 | 12825 | $468.75 | |||||||
| KCN8 | 12-May | 1 | 12500 | 12-May | -1 | 12795 | $1,106.25 | |||||||
| BPM8 | 13-May | 1 | 16328 | 7-May | -1 | 16558 | $1,437.50 | |||||||
| DMM8 | 13-May | -1 | 5628 | 7-May | 1 | 5676 | ($600.00) | |||||||
| KCN8 | 13-May | 1 | 12540 | 13-May | -1 | 12625 | $318.75 | |||||||
| KCN8 | 13-May | 1 | 12520 | 13-May | -1 | 12615 | $356.25 | |||||||
| KCN8 | 14-May | 1 | 12415 | 14-May | -1 | 12650 | $881.25 | |||||||
| KCN8 | 14-May | 1 | 12680 | 14-May | -1 | 12630 | ($187.50) | |||||||
| KCN8 | 15-May | 1 | 12480 | 15-May | -1 | 12760 | $1,050.00 | |||||||
| KCN8 | 15-May | 1 | 12590 | 15-May | -1 | 12670 | $300.00 | |||||||
| ADM8 | 18-May | 3 | 6175 | 6-May | -3 | 6385 | $6,300.00 |
| MTD Change in OTE | $ 10,795.00 | |||||
| MTD Realized P&L | $ 19,681.25 | |||||
| MTD Total P&L | $30,476.25 |
| The position size listed in the Daily P&L Tracker are designed for a hypothetical portfolio of $100,000.00. When the position is established, the average trade seeks to risk no more than 2% of the total equity on a daily basis based on market volatility. The exceptions here are in the cases of S&P 500 and Coffee. Because of the value of the actual contract as well as the volitility we have seen in recent days, a 1 contract position is being used and the actual capital at risk is being list below. Because market volatility changes, the capital at risk for each market is list here also. Please remember these number are not absolute. It is merely an estimate for each market's daily lose if you are forced to cut the position during that day. Also, please do not confuse this as margins for the position. Margins are set by the exchanges and you FCM. They are two completely different things. This report is updated weekly, usually on Monday morning. | ||||||
| COMMODITY | RISK CAPITAL | COMMODITY | RISK CAPITAL | |||
| USDM8 | N/A | CLM8 | N/A | |||
| TYDM8 | N/A | HOM8 | N/A | |||
| FVM8 | N/A | HUM8 | N/A | |||
| EDU8 | N/A | NGM8 | N/A | |||
| ADM8 | N/A | SBN8 | N/A | |||
| CDM8 | N/A | KCN8 | N/A | |||
| BPM8 | $ 3,112.50 | CON8 | N/A | |||
| DMM8 | $ 2,400.00 | |||||
| SFM8 | $ 4,500.00 | SK8 | N/A | |||
| JYM8 | $ 2,600.00 | CK8 | N/A | |||
| WK8 | N/A | |||||
| SPM8 | N/A | |||||
| SMN8 | N/A | |||||
| GCM8 | N/A | BON8 | N/A | |||
| SIK8 | N/A | |||||
| HGN8 | N/A | |||||
| Disclaimer | |||||||||||||||||||
| Future Watch has provided links and pointers to Internet sites maintained by third parties. Neither Futures Watch, its parent or subsidiary companies nor their affiliates operate or control in any respect any information, products or services on these third-party sites. The materials in this site and the third-party sites are provided “as is” and without warranties of any kind either express or implied. To the fullest extent permissible pursuant to applicable law, Futures Watch disclaims all warranties, express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose. future Watch does not warrant that the functions contained in the materials will be uninterrupted or error-free, that defects will be corrected, or that this site, including bulletin boards, or the server that makes it available, are free of viruses or other harmful components. Futures Watch does not warrant or make any representations regarding the use or the results of the use of the | |||||||||||||||||||
| Items presented here are for information only. It is not a recommendation to buy or sell any Futures or Options contract. Futures trading is highly risky and can lead to substantial loss. Therefore, please consider your financial situation before your decision to enter any markets. |