08/05/2015 – S&P (Intraday Trade)
- August 5, 2015
- S&P (Intraday Trade)
September S&P:
1. In today’s (Wednesday, August 5) S&P live messenger window 8:38 CST post new long position was indicated in the September S&P at approximately $2102.
2. Initial long position exit was indicated at/near $2106.
3. Subsequently, the September S&P declined sharply, prompting our final long position exit at $2096, resulting in a loss on the entire position. This was unusual market behavior and is an important development. Will message any further entry or indication in the September S&P.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.