Time In Trade: 4 minutes
Total Trading Time: 13 minutes
Profit earned per $20 staked: $600
Note (1): This is a paid for subscription service and should be used in conjunction with our 60MinuteTrader Futures Trading Course.
Please purchased HERE.
Charts below show the systems entry and exit points, if you had followed the exact same trade, based on just $20 staked, you would have won $600. (or $600 for each $20 staked).
Note (2): All figures quoted throughout the Trading Results pages are based on just the opening trade placed each day, you can of course place several futures trades through out the day and increase profits further. Follow the link given here to see how Chris places many Futures Trades each day.
For a month by month over view please view our Futures Trading Results
Chris's Comments: The initial move was down so we buy in the lower 20% of the williams and sell to close in the upper 20% of the williams.
The initial move was down so we buy in the lower 20% of the williams and sell to close in the upper 20% of the williams.PLEASE NOTE: If you had placed this trade yourself you had the potential to actually double the profit figure shown. However, This trade and the figures quoted are based on just half the winning move. This is because we know (and you will also know if you have any trading experience), that nobody will enter at the exact highs and lows of every move over the long term. Banking just half of the move is a much more realistic and achievable target, something that many sites will omit to tell you.
COST OF TRADING: Profits shown are net of any spread and commissions. The only other cost's are $10 per month for a real-time charting package from Sierrachart. Data feed from InterActive Brokers is free if commissions are more $30 per month otherwise $10 per month. Basic data feed from MyTrack as shown in the course costs just $5 per month.
MyTrack: I used to use Mytrack before I used any indicators. It is not necessary to use Mytrack but it is handy to have another data source. The change in prices/direction on MyTrack can be seen much quicker than on any chart and personally I think it gives me an edge.
To use MyTrack go to MyTrack and click on "MyTrack Service Plans" on the left-hand side. It is the first package "Basic" $4.98. Individual stock prices are delayed, the 4 indicies that we use are real-time.
Just half of the 61 pts possible less 1 pt commission = 30 pts x $20 stk = $600 Trading finished 13 minutes into the session, time in trade 4 mins.
Just half of the 61 pts possible less 1 pt commission = 30 pts x $20 stk = $600 Trading finished 13 minutes into the session, time in trade 4 mins.
FINAL NOTE:
Chris trades 4 contracts. The $20 quoted within out trading results equates to 4 x $5 trades. To trade these 4 contracts would require a trading account of $4,000 deposited with your broker (Interactive Brokers). To trade two contracts at $5 each would require $2,000.
