Trading results W 07-19

by Michael Chechnev | Feb 17, 2019 | Trading week results

Hello, Insiders,

Today is Saturday, 02/16 and we are summing up the outgoing week.
At the moment, we have the position in cooper only. Let’s take a closer look at it.

For Copper, we had SetUp at 20.01. and throughout the past week we have been actively watching Copper.

Two points are interesting here:
1) Net positions of Commercial. 22 thousand contracts in the positive zone. This shows that we can expect good movement in Copper in the near future;
2) A very strong bullish seasonal trend.

We already tried to go into a long position once, but caught a stop-loss. Now we are trying to catch the trend a second time. That is open position on the correction.

At the entry into position on the market correction it is important to reduce the risk to deal, because there may be a lot of false rise. So on knocked out on Thursday and the loss was $ 1975.

On Friday, too, there was a down, but we kept in the market, because set the stop loss in right place.

Risks should be calculated so that we can safely trade three stop-losses. As it is correct, at the third time it is already possible to understand that this is a correction or a change of trend.

Summing up the trading week (TW07):
Copper loss was $ 1975 and we are trading again next week. For two days of trading, we would like to see good impulses, which should cover our losses by leaving.

Best regards,
Insider Week team.









Our Trading Performance  HERE

Our COT-Trading Service https://insider-week.com/iw-cot-trading/

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.