STC Mt. Shasta
Hypothetical Monthly Returns (includes typical commissions and system fees)
|System started||11/27/2010 (30 months ago)|
Shasta Trading Company
(Last login to C2: 5/16/13 22:03)
C2 Score: 665
|Hypothetical Trading Results|
|5/8/13 11:54||SELL||2||@YCN3||Mini Corn Globex||628 4/4||5/9
|4/29/13 22:55||SELL||1||@YWN3||Mini Wheat Globex||718 2/4||4/29
|4/24/13 10:35||SELL||2||@SMN3||SOYBEAN MEAL||394.2||4/25
|3/27/13 12:32||BUY||2||@YCK3||Mini Corn Globex||737||3/28
|3/8/13 12:00||SELL||2||@YCK3||Mini Corn Globex||697||3/10
|2/25/13 11:03||SELL||2||@FVM3||US T-NOTE 5 YR||123 42/64||2/25
|1/28/13 3:22||SELL||2||@YCH3||Mini Corn Globex||726||1/29
|1/24/13 13:51||BUY||2||@QGH3||MINY NATURAL GAS||3.45||1/28
|1/15/13 12:31||SELL||2||@YCH3||Mini Corn Globex||734||1/22
|12/27/12 1:25||SELL||2||@YKH3||Mini Soybeans Globex||1427.000||12/27
|11/16/12 7:18||BUY||2||@QGF3||MINY NATURAL GAS||3.81||11/22
|11/16/12 4:38||SELL||2||@YWH3||Mini Wheat Globex||856||11/16
|Chance of 50% account loss||0.0%|
|Chance of 100% account loss||0.0%|
|Average Profit to Drawdown (APD)||0.12|
|Average P/L per unit traded||$42.42|
No reviews have been written yet.
The goal of the STC Mt. Shasta program is to pinpoint low risk, high reward trades on a daily basis. Our typical Trend Box trade lasts from two days to two weeks, depending on market volatility. This style of trading is usually referred to as “swing trading.” Every day, we analyze 30+ markets to find the best trading opportunities, and recommend specific entries, exits, and stops by 9:00 PM Pacific time each night.
Our Trend Box system consists of two distinct trading methodologies designed to complement each other. The first methodology enters the market on a limit order at what we believe will be a turning point in price. Yes, we enter BEFORE the market confirms its turning point. This approach has several benefits: if we are right, our profits are larger and our stops can be moved to breakeven more quickly; if we are wrong, our losses are kept to a minimum. The second methodology is designed to catch the continuation of a market move if we are not successful entering the market using the first approach. We enter these trades using a stop order. Our stop losses are usually a little larger using this methodology, but our profit targets are often hit within a few days of entry, which locks in our profits and reduces our exposure in volatile markets.
The STC Mt. Shasta program does not use any oscillators, indicators, stochastics, moving averages, or any other computer-generated algorithms. We strictly look at current price action relative to past price action for our trading signals.
When you first start trading our signals, we recommend that you trade only one contract per entry signal. This will allow you to understand our process for placing entries, exits, and stops. After you've traded our signals for awhile and have a good feel for our entries, exits, and profit targets, you can trade two contracts (provided your account is adequate) on each new entry signal, and apply our strict money management principles to maximize your profits.
Our trades usually last from two days to two weeks, but the first few days are the most important. If we get movement in our favor shortly after entry, we will move our stop loss to our point of entry (or very close) within the first few days. This approach reduces our risk immediately, and keeps our losses to a minimum. If the market doesn’t go in our favor quickly, we will take a small loss on the trade and look for another favorable entry point.
No trading program would be complete without strict money management principles. We recommend never risking more than 5% of your account balance on any one trade. This approach allows you to take several losses in a row without draining your account. When trading commodities, taking several losing trades in a row is just part of the business. We recommend trading only one contract per signal until you are comfortable with our methodology.
- This System Description text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified that this text above is an accurate system description. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.