Our Futures Trading Results. Week 42 2021

Summary:

  • Our week in the markets using COT Strategy: +$63,994
  • Our week in the markets using Champion COT Strategy: $28,000

 

 

+$91,994 profits. That’s the weekly trading result from our commodity and futures trading according to COT data in week number 42. This weekly result is a record number for InsiderWeek. This record was surely not unexpected. In our last record video where we made over +$40,000 in a week we already said that this happened because our strategy is very profitable. That means our account size is increasing and because of that the size of our positions and the number of contracts is automatically increasing as well. As a result this week’s profits are not unexpected but a beautiful result. It is not +$100,000 in a week but it’s still nice to have some targets that are still to be reached. On our website you can always have a look on the trades we have conducted and you can also always have a look on our equity curve and as you can see we crossed the $800,000 mark. Our account size is now $833,575. In our first COT strategy we exited our drawdown that was the sixth drawdown in my career. Drawdowns are always an interesting period. On the one side we don’t like drawdowns because nobody likes to lose money and to see the account shrink. On the other hand side it’s a great time to learn and adjust. Our long-term project is to raise an account from $14,000 to $1,000,000. We are not far away from this target. There are still $170,000 to gain until this target is reached so we need a few weeks like the last weeks and we can reach this target. As a reminder we started to trade an account in 2014 with $14,000, we are about to close year 8 and since January 2014 we are publishing our results on youtube in a regular manner, in the beginning only in German but now also in English and in January InsiderWeek becomes 5 years old on youtube. We are publishing trading plans for 5 years before taking a trade. We are transparent for 5 years and our trading community is growing for 5 years as well. Some of our trading community were with me in Cyprus this fall. We are especially proud of our community. We go through highs and lows together. We’ve managed a couple of drawdowns in the past together but we could also celebrate many records together. I’m grateful for this time but that’s only the beginning because InsiderWeek is about to accelerate.

Now let’s have a look at the trades of this week. We started into the week with a portfolio that consisted of two open positions, namely 13 long contracts in Soybean Oil and 41 short contracts in the 10-Year T-Notes. As you can see at the beginning of this week these positions were already greatly in the win. As you can see at the end of this week we have a portfolio that consists of no positions. We used this week to realize gains and make records. Let’s have a look at the trades. 

First market: Soybean Oil. This market is on our list for a while and if you follow us you know that market already. You can see that we had three buy signals in a row. Seasonal trend was increasing. So this market showed a great bullish setup. On the daily chart you can see that we took two trades in this market. We made some gains from our first trade and then we saw that the market was only going through a correction and after we entered this market again we saw great impulse waves and we were perfectly exiting this trade around this high. We realized a gain of +$32,604. 

Next market: 10-Year T-Notes. Here we received a sell signal in harmony with the weekly trend direction. Seasonal trend was not clearly identifiable however we took some trades in this market. On the daily chart you can see that the first trade in this market was successful, then we entered this market again and we didn’t wait for our target price to be reached but we wanted to close this position in order to exit our drawdown. We realized a total gain of +$31,390. 

The portfolio of our second strategy the so-called champion strategy looks pretty similar here we also had two open positions in Soybean Oil and in the 10-Year T-Notes and at the end of this week we have an added position in Wheat, namely 12 long contracts. Here we are also very well in the win with $4,800. In Soybean Oil, we exited in this strategy a bit later than in the other strategy. However we still made good money in this trade. In the 10-Year T-Notes we stayed in the market until our target price was reached and as you can see that was a very good price level. By realizing this gain we could reach our all-time high. We took a new trade in Wheat. In the past you can see that we had great success in trading this market and at the moment we are long in this market and we expect further increasing prices to be seen. Our weekly result in the COT 2 strategy is +$28,000 profits. That’s a very good result and we are happy to see that but we are even happier about our coaching participants who made great records this week as well. You’ve accomplished great results this week and you can be very proud of you.

As always a few words on CRB index. As you can see the bullish trend of the commodity prices is still active. Although we had a small correction we can see the uptrend is active for many weeks. We are favoring trading the bullish side of the market in harmony with CRB index in order to make good profits. 

That’s it from our site this week. We want to focus on the world trading championship. We are participating again this year and whether it will be the fifth place or the third place, we are as always aiming for place number one. In the past we participated and we could reach the third place two times and one time also the fifth place. For us we think it’s time to appear in this list again and we haven’t reached the first place yet so there are still goals to accomplish.

HERE you can find a summary of all individual trades and a comparison of the results of both strategies:

 

 

☆☆☆☆

 

We wish you all many successful trades for the coming trading week.

Max Schulz and
the InsiderWeek team