Summary 2019

by Michael Chechnev | Jan 21, 2020 | Trading articles

The Insider Week Trading Account achieved another all-time high with overall profit of $475,170.

Hello Insider,
Looking back on 2019, it got off to a rough start. It was a year with surprising ups and downs, but we ended on a high note with an annual profit for 2019 of $95,814. The Insider Week Trading Account achieved another all-time high with overall profit of $475,170.

The year in review

There were no COT Reports published in January of 2019. Due to the government shutdown imposed by US President Trump, the CFTC temporarily stopped publishing COT reports. As a result, our equity curve at the beginning of the year showed a clear downward trend. The government shutdown triggered a drawdown.
Once the government resumed services, the CFTC began dealing with a backlog of reports before releasing any new reports. As a result, it was March 8th, when the COT Report was up to date on the weekly schedule. So, it was March when we were finally able to use the COT Report for fundamental market analysis, which is an important part of our trading strategy.

IW reads the COT Report to detect trends and changing conditions before they are reflected in market price. With no available COT Data early in 2019, our trading results suffered a cumulative loss of about $28,000. Despite the rough start, we were able to achieve a $95,814 profit for 2019.

Our Trading Performance  HERE

Our COT-Trading Service

Risk Disclosure: Trading in futures, forex and CFD's involves a high degree of risk and is not suitable for every investor. An investor may possibly lose more than the capital deposited. Only risk capital should be used for trading, or parts of risk capital. Risk capital is money, the loss of which does not change the financial situation or does not affect life. Performance achieved in the past is not a guarantee of future profits.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. The account results presented may vary significantly in gains and losses. One of the limitations of hypothetical results is that they are generated by known historical data. In addition, hypothetical trading does not involve financial risk - no hypothetical track record can represent the financial risks of actual trading. For example, there is a possibility that trading will be suspended or cancelled if losses are incurred, this can greatly change the actual results. Furthermore, there are numerous other factors that cannot be fully accounted for in hypothetical performance when implementing a trading program, and thus can affect actual results.

Testimonials appearing on this website are not representative of other clients and are not a guarantee of future performance or success.