This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
I have been trading OMNI’s Nasdaq and S&P 500 e-mini futures recommendations for just over two months now. As I have said in previous posts, Oscar’s S/R levels and directional calls are awesome. I first started using them to trade SPY, and then I went over to trading ES and NQ. I still watch SPY while trading futures- partly out of habit. Mostly due to missing entries, I haven’t taken every OMNI trade. Be advised that I usually used my own exits, so these results differ from Oscar’s. Trading futures is one tough racket, as acknowledged by Ugly. Thankfully, I managed to make a profit over the last couple of months.
My OMNI Performance 29 March to 4 June, 2007
| Total P/L: | 7.23 R |
|---|---|
| Trades Taken: | 22 |
| Winners: | 13 (59%)(smallest winner $155) |
| Losses: | 8 (3 less than $100 trading 1 ES contract) |
| Expectancy: | .33 R |
| Biggest Winner: | 2.0 R |
| Points gained: | 54.8 (1 contract each trade) |
| Biggest Loser: | -1.06 R |
This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com