Trendfinder Trading Systems

Trendfinder’s futures trading systems did not have any trades today.

Every system except Bobcat I & II had gains today.  This morning had all losing trades:  Leopard, Lion, Lion II and Tiger had long trades, and Bobcat I, Cougar, Jaguar and  Jaguar Alt had short trades.  All systems except Bobcat I & II went long this afternoon and had nice winners that more than made up for the morning losses.

Today had losses across the board.  Every system went long this morning, then the up-move reversed and every system exited with losses.  Lion then went short and had a nice winning trade that made up for its earlier loss.

It was a choppy day and every system that traded today ended with a loss.  There were many trades that were stopped out.  Fortunately 4 of the systems were wise enough to not take any trades.

I’ve updated the performance results on the website to include $50 roundtrip for commission and slippage (up from $40 previously used).

Since the max hypothetical historical drawdowns are higher using $50, I have revised the suggested account sizes for each portfolio.

I have also included performance reports for the “Alt” systems, which are the exact same strategies placed on charts that are offset by 1 minute to not coincide with orders being sent by the original systems.  The Wildcat Portfolios now include the Alt systems where applicable.

Trendfinder’s day trading futures systems did not have any trades today.

Trading has been very fast and volatile leading to much higher than average slippage the past few weeks.  In light of this, instead of using $40, I am going to start using $50 for roundtrip commission and slippage costs.  I will be updating all results on the main website over the next 1-2 weeks to reflect this.

To help keep slippage under control, I am not allowing any more additional contracts to be traded on Jaguar, Leopard or Lion II.  I am releasing alternate versions of these systems which are the exact same strategies placed on charts that are offset by 1 minute to not coincide with orders being sent by the original systems.  The trades will be different but over time the results should be similar.  When these alternate versions are maxed out then they will also be closed to any additional contracts until further notice.  I will be updating all results posted on the main website (including the Wildcat portfolios) to include the alternate versions.  I will be taking the same actions when other systems get maxed out as well.  These limits apply to both new and existing subscribers.  I do not want to jeopardize these systems by having too many contracts being traded on them.  A note about Tiger: since Tiger runs on 1 minute bars, there will be no alternate version – when it is maxed out, it will be closed to any additional contracts.

 To simplify pricing, I will no longer be offering a discount for leasing multiple systems/contracts. I will continue to offer the discount for 3 month and 6 month subscriptions.  Pricing for 1 contract of a single system will remain the same.  The new pricing will be a 33%-60% increase over current rates depending on the number of contracts being leased. In order to give everyone sufficient notice, the pricing change will become effective July 1st. Everyone subscribed before July 1st will continue to keep the current rates.

Overall it was a nicely profitable week.  Only Bobcat I and Bobcat II did not have gains this week.  Lion II and Tiger were the biggest winners.

BE SURE TO READ BELOW FOR SOME ANNOUNCEMENTS.

ANNOUNCEMENTS:

Trading has been very fast and volatile leading to much higher than average slippage the past few weeks.  In light of this, I am going to start using $50 for roundtrip commission and slippage costs.  I will be updating all results on the main website over the next 1-2 weeks to reflect this.

To help keep slippage under control, I am not allowing any more additional contracts to be traded on Jaguar, Leopard or Lion II.  I am releasing alternate versions of these systems which are the exact same strategies placed on charts that are offset by 1 minute to not coincide with orders being sent by the original systems.  The trades will be different but over time the results should be similar.  When these alternate versions are maxed out then they will also be closed to any additional contracts until further notice.  I will be updating all results posted on the main website (including the Wildcat portfolios) to include the alternate versions.  I will be taking the same actions when other systems get maxed out as well.  These limits apply to both new and existing subscribers.  I do not want to jeopardize these systems by having too many contracts being traded on them.  A note about Tiger: since Tiger runs on 1 minute bars, there will be no alternate version – when it is maxed out, it will be closed to any additional contracts.

 To simplify pricing, I will no longer be offering a discount for using multiple systems/contracts.  I will continue to offer the discount for 3 month and 6 month subscriptions.  The new pricing will be a 33%-60% increase over current rates depending on the number of contracts being leased.  In order to give everyone sufficient notice, the pricing change will become effective July 1st.  Everyone subscribed before July 1st will continue to keep the current rates.

Trendfinder’s futures trading systems did not have any trades today.

Today was a very choppy day.  However, 5 systems ended with gains, 2 had losses and 1 was essentially flat.  Bobcat I, Jaguar, Leopard and Tiger went short this morning and exited with losses after the market made a bottom and started heading up.  Every system except Bobcat I went long this afternoon and had profitable trades (the reason Bobcat I did not go long is because it has a maximum of one trade per day).