The Insider Week Trading Account achieved another all-time high with overall profit of $475,170.
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 https://insider-week.com/iw-cot-trading/