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SP EuroFX Claims Short Profit During Today’s Trading Session

Technorati Profile

The Prudent Futures Portfolio has no trades for today 11/9/2006.

So far every trade in the month of November has been a winner. We have been fortunate so far this month.

Thank you to all of you for your continued enthusiastic support of the Prudent Futures Portfolio.

DAILY FUTURES TRADING RECOMMENDATION
FXstreet.com, Spain - Jun 13, 2005 Market is currently at 54.05. Futures trading entails considerable risk and is not for everyone. An account can lose more than its initial investment.

Philadelphia firm accused of fraud
CNN - Jul 6, 2005 making up claims about performance and lying about the value of the fund's portfolio, according to a complaint filed by the Commodity Futures Trading Commission

Update 5: Japanese Stocks Fall, Dollar Higher
Forbes - 9 hours ago Crude oil futures trading in Singapore rose to new records early afternoon Thursday with light, sweet crude for August delivery gaining 35 cents to $61.63 a

Update 2: Shares Fall in Many Asia's Biggest Markets
Forbes - 6 hours ago Tokyo's Nikkei 225 index declined 13.39 points, or 0.12 percent to 11,590.14 points as crude oil futures trading in Singapore rose to new records in afternoon

Systems & Services
Securities Industry News (subscription), NY - Jul 5, 2005 messaging technology that will move order and trade executions between internal systems on the Philadelphia Board of Trade's new futures trading platform, due

DAILY FUTURES TRADING RECOMMENDATION
FXstreet.com, Spain - Jun 17, 2005 We were stopped at 435.30 or (-430). Futures trading entails considerable risk and is not for everyone. An account can lose more than its initial investment.

DAILY FUTURES TRADING RECOMMENDATION
FXstreet.com, Spain - Jun 16, 2005 Buy Back at 428.2. Work overnight. Futures trading entails considerable risk and is not for everyone. An account can lose more than its initial investment.

DAILY FUTURES TRADING RECOMMENDATION
FXstreet.com, Spain - Jun 28, 2005 Long 10 year notes/short 30 year Bonds. Futures trading entails considerable risk and is not for everyone. An account can lose more than its initial investment.

FMC prescribes ‘must delivery’ futures trading
Financial Express, India - Jul 5, 2005 commodity futures market, the Forward Markets Commission (FMC) has announced that all outstanding positions at the expiry of the futures trading contract will

Australian Dollar Heads for Weekly Loss on Slide in Commodities
Bloomberg - Jun 30, 2005 The currency fell as the Reuters-Jefferies CRB Index of 19 commodities slumped 3.9 percent this week because of a drop in copper and other metals Australia

FMC, Comexes meeting to take up night trading issue
Financial Express, India - 3 hours ago MUMBAI, JULY 4: Forward Markets Commission (FMC), the commodities market regulator will hold a meeting on Tuesday with the co-ordination committee of the

Australian Dollar Heads for Weekly Slide on Drop in Commodities
Bloomberg - Jun 30, 2005 The currency fell this week as the Reuters-Jefferies CRB Index of 19 commodities slumped 4 percent to its lowest in more than a month because of a drop in the

Soft Commodities Look Set to Generate Hard Cash – UAE
Middle East North Africa Financial Network, Middle East - 17 hours ago DUBAI, 4 July 2005 — The three-year running bull market in commodities has attracted a great deal of attention from hedge fund managers seeking a reliable

Wednesday's commodities roundup
San Jose Mercury News, CA - Jun 29, 2005 NEW YORK – Crude-oil futures dropped Wednesday, posting a 6 percent decline from Monday's record high. Benchmark light, sweet crude

Commodities Review
The Sacramento Union, CA - Jul 1, 2005 NEW YORK – Oil prices fell for the third straight session Thursday as supply worries eased. The August crude contract on the New

Week Ahead: Bulls to gore bears
Sify, India - 15 hours ago perpetually. After the oil shock of the 1970's, prices of all commodities & currencies have risen. concerned. Now you have the commodities exchanges.

Market & Commodities
Financial Express.bd, Bangladesh - 4 hours ago "All the worries regarding the winter are still there," said Frederic Lasserre of SG Commodities. "I think we will see $60 again

Friday's Commodities Roundup
Forbes - Jul 1, 2005 Energy futures started the strong-demand second half of the year with a bang, with heating oil setting a new record and gasoline and crude oil notching big

Australian Dollar Heads for Weekly Loss After Commodities Drop
Bloomberg - Jul 1, 2005 in New York. “A lot of people are taking money off the table as far as the currency is concerned, and this is partly a function of commodities and concern

Welcome to the SP Strategies Blog.

Our Trading Philosophy

Barriers To Successful Trading

Refusing to take a loss is one of the more prominent reasons for failure in the trading game. It usually starts with the lack of a defined exit point when a trade is executed. Ask yourself: “Where and when do I get out if I am wrong?”. (we have pre-defined profit and loss targets, so this helps auto-pilot it for you)

Why are you trading? Do you fully understand what your goals are as a trader? Trading is somewhat like golf. There are a vast number of golfers that enjoy the activity but they will never make a living at it. They incur the cost of club memberships, cart rentals, equipment, reading literature, private and group instruction, and so on. I would venture to say that most of these golfers have no intention of making money playing the game and they know that. They know why they participate. And for the few that go on to make a living at the game, they work their “tails” off day after day. They are willing to pay the price of success….more

THERE IS RISK OF LOSS IN ALL TRADING

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance is they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can adversely affect actual trading results. There are numerous other factors related to the specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

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