Futures Micro and Mini Portfolios Weekly Update

Futures Symbol Guide

The 28K portfolio has been corrected and updated. 

I normally don’t send emails on Sunday night, but since I had to correct the 28k I will comment on the market action . This is a panic sell off and it could get worse. The ES is only 18 points from the first limit. Crude is getting hammered down over 9.00, Bonds are up another 4 points. 

The good news our portfolios are up tonight  especially the 28K and the 16K. 

Despite unprecedented market volatility virtually across the board, four of our major Model Portfolios made all-time high weekly closing equity. This is due largely to the efficacy of my method- which includes the refusal to employ resting stops. Resting stops were useless this week as you would know if you foolishly attempted to use them. You would have been picked off in just about every market traded.

If you have tinkered with and cherry-picked which trades you are going to make, you have violated the simple trading rules and are flying by the seat of your pants. You will crash and burn at some point without adhering to rules. You will be doomed eventually- and it was probably this week.

Mega-trades? Put these nine trades in your pipe and smoke it:

Euro $363.50
Gold $350.00
Lt. Crude $674.00
Silver $418.00
Swiss Franc $417.50
TBonds $1650.00 (one of the biggest open trade winners of all time)
TNotes $647.00

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.

Unfortunately, my experience also tells me that fewer than 1% of all traders have the discipline required to be successful. This statistic explains the high failure rate trading futures.

New Trade


**Trades can be entered during the electronic night session or in the morning. However, in volatile stock index and currency markets, you should enter a trade as soon as possible
-meaning the beginning of the electronic night session as it will tend to be a more profitable entry point. Trades shown in the Model Portfolio spreadsheet are the fills I get for my own trades. Your trade entries can be better or worse.

28k Mini Micro Portfolio

17k Micro Portfolio

5k Micro Entry level Portfolio

16k Model Portfolio