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August 20, 2008

The Matrix Wealth Trading System performed beautifully as we pulled another respectable profit from the market.  Todays market provided volatility which allowed us to hit our profit targets, but the trend wasn’t really clear during our time window so it was key to watch the markets that react inversely to ours and select entry points in a conservative manner.  The market opened with bearish sentiment but reacted sharply as oil inventories were announced to have a surplus of 9.4 million barrels.  This caused oil prices to drop sharply and the S&P responded with a strong upward move.  Financials were still the dark cloud looming as the initial reaction to oil gradually wore off and the market began a descent.  We took advantage of opportunities in both directions and came out positive.

Todays percentage was .88% with 107 minutes engaged in live trades.  Nerves were a little higher for us today only because our higher risk trade cycles had lower volume and without a clear trend, we were focused on hitting a minimum profit target.  The Matrix Wealth Trading System is designed in a way for us that brings strength and confidence to our trading experience and creates a framework that supports our traders as they continue to increase their skills.  Market opportunities are always there and we look forward to what the market will bring. 

The Matrix Wealth Trading System was created using the methodology of institutional traders and customizing it to each individual user in an effort to bring the odds of success to everyday traders.  If you’re looking for a powerful way to move in and out of the market with a system that caters to your individual risk tolerance, then contact us.

IMPORTANT NOTICE: Futures trading has large potential rewards, but also large potential risk . You must be aware of the risks and be willing to accept them in order to invest in the futures markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. 

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