Futures Micro and Mini Portfolios Weekly Update
To join Futures Portfolio Text Group, text futures to (872)395-6371
The running equity graph for the 226k Model Portfolio says it all. We are at a new historic weekly equity closing high. We had an incredible week in all but one of the Model Portfolios as the undiversified AG Model Portfolio is lagging the performance of the others.
We have ten (10) open Mega-trades and this week we saw big gains in the stock indexes and energy. If you followed the rules, you have made a lot of money.
If you look at the markets, many are trending strongly and that is when we do very well of course. In terms of price, we don’t know what “low” or “high” means, and if you ever think “low “or “high” -you are putting your judgment in front of price action which is a huge no-no.
We make big money by being long term position trend traders- nothing more-nothing less. You need to be 100% disciplined to replicate the Model Portfolios and the more you deviate from full discipline, the worse your performance.
***New Trade Alert***
We have numerous trades for Monday including a lot of roll-overs to be performed on Monday. We avoid being in the most active futures months and there are numerous reasons for this, but the main reason is we are futures investors-not traders. We can hold a position for many months and we are about as inactive as you can be and still make large profits. Liquidity is not a major issue.
(1) Roll the following in your Model Portfolio on Monday 6/8 and this presupposes that you know what you are trading as I am not going to stipulate what trades go into a specific Model Portfolio.
Roll July Silver to Sep
Roll July Copper to Sep
Roll July Cocoa to Sep
Roll July Coffee to Sep
Roll July Corn to Dec
Roll July Soybean Meal to Dec
Roll July Wheat to Dec
Roll July OJ to Sep
Roll July Sugar to Oct
Roll June S&P 500 e-mini to Sep
Roll June NASDAQ 100 e-mini to Sep
Roll June DJIA e-mini to Sep
Roll June Russell 2000 e-mini to Sep
(2) In addition, I am taking Lean Hogs out of the 226k Model Portfolio, but it will remain in the 70k. So, we are buying October Hogs to close out the position. This is a permanent change.
(3) We are reversing Sep 10-year Notes from long to short
Trades can be entered during the electronic night session or in the morning. There is some flexibility in terms of when you enter a new trade and this is because our profits are not marginal. Trade prices shown on the Model Portfolio spreadsheet are what I get for my own trades. Yours can be better or worse.
Don’t be shortsighted and look at one day or one week, this is about the long run, our returns are the best in the industry, history tells us if we follow the model and the rules we make lots of money.