Hello Fellow Trader, I’ve been a student of the financial markets for twenty years and an active trader for ten. During the years I’ve observed a hundred fifty professional 2-hour trading presentations and attended 10 formal trading courses... Many were good. Some were outstanding. I always gravitate to those presenters who actually trade on their own day in and day out themselves but have avoided those who appeared to be only teachers who had traded some in their past but no longer. I admit that I’m not the most insightful market analyst. That's why I seek constant help... like The COSMIC Speculator. My strength is that I can smell The COSMIC Speculator... the opportunity I've come to rely upon. His insight offers real opportunity. I believe his precision in identifying high probability trade setup is unequaled, unparalleled... the guiding light... in the financial industry fraught with liars, cheats and thieves! I've learned one important lesson in life: There are three mutually exclusive states in which all people reside at one time of another in each hour, day, week or month:
1. Leader; 2. Follower; 3. Must get out of the way!
As a partner in The COSMIC Speculator, I follow! Matt leads! When I met Matt in 2005, he was a member of an audience I addressed. When I met him a year later, he was a presenter at DayTradersUSA, one of my companies. I was immediately impressed with his youth, his grasp, his vigor and insight. [I call these strengths "The FEDS:" Focus, Energy, Drive Devotion, Dedication, Demeanor, and Stamina. opportunity. Matt Reynolds is
I’m so very fortunate to have followed Matt consistently because it's been pleasant from multiple aspects, especially in the area of personal trading improvement. Early in 2008, Matt visited me in Las Vegas to jointly attend the annual May Money Show. It was then that we discussed alternatives for helping others improve their trading. Earlier in this 21st century I conceived the acronym COSMIC, which you're aware stands for commodities, options, stocks and stock index futures, metals, interest rate futures [treasuries] and currency futures. I like it because it’s pronounceable, memorable, popular and offers multiple positive connotation. But I was not the guy to take the concept forward to directly benefit you. My belief is that Matt possesses that special gift to: “Read the Mind of the Commodities Market.” Matt and I both prefer commodities over stocks because the capital committed has the potential to generate more gain [or loss] with less funding than in stock trading. During those May discussions, we developed the concept of a forecasting service to attempt to help traders derive better returns than they may have enjoyed in the past. We thus created the concept of The COSMIC Speculator as the baseline. We then studied the concepts during June and launched the COSMIC forecasting and alert service around Independence Day delivering our first COSMIC Forecast to World Wide Traders' viewers. In the short life time of our service, The COSMIC has posted some impressive results.
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Bottom Line: During the 14 months ending August 31, 2009, The COSMIC produced approximately 250 high probability trade setups. Of these, __ were losers, __ setups didn’t trigger entry [but did generally trade in the direction forecast] and __ were winners. Had you entered one contract on each of the __ executed, followed COSMIC's guide for protective stop exit and/or target exit [as adjusted by COSMIC Alerts, you could have generated gains approximating $___,000... all with a starting broker account balance of $25,000. This is a phenomenal __ % win to loss ratio with only a __% loss to win rate. [This paragraph is scheduled to be revised following a quarter. Most recent update is August 31, 2009]
Disclosure: We must tell you that prior results is no guarantee of future success. Commodity trading can be hazardous to your financial wealth. You could lose all funds in your account and still be liable to your broker for any debit balance. The results referenced above are hypothetical in nature. Please review the important disclosure regarding the limitations with respect to hypothetical performance by clicking here: Risk Disclosures and Terms of Service. Many accomplished active stock traders of stock can’t accomplish this type trading record. Hey, stock traders are required by the SEC to hold in excess of $25,000 in their pattern day trading accounts! Commodity traders are governed by the National Futures Association and controlled by the Commodity Futures Trading Commission, not the SEC! But, many, many stock investors, thinking they were in good hands by holding blue chips and working with registered investment advisers and other professionals in the financial services industries, got creamed during 2008. We did not get creamed! Now take a few moments to analyze the COSMIC Speculator Forecast Performance Record. Personally, I traded well over half the trade setups forecast by The COSMIC Speculator, however, I enjoyed some great gains and suffered modest loses, but overall, enjoyed a net gain on my COSMIC setups. I believe this is best speculating idea source available to individual investors. I trust the program guiding me toward financial independence. There are a couple other EXCELLENT speculators with whom I’m acquainted, but they require account sizes of $100,000 to upwards of a million and in some cases a minimum of $2,500,000. The COSMIC model is specifically designed to start with a $25,000 account balance allowing one contract entries into each commodity future forecasted. Sincerely, Richard V Rueb 702.279.6500
A letter from a member [good reading]…helps to read message below generating this response. January 8, 2009 Hello New Subscriber, Welcome to “The COSMIC Speculator” where Matt Reynolds attempts to read the mind of the market. Your questions are insightful! It will benefit you to devote some quiet time this weekend by going back for a review of our prior forecasts over the past six months. By comparing those forecasts to the cumulative performance record, you can observe the gist of our process and methodology. Near the bottom of each [recent] forecast, there is a table containing links to all prior forecasts. If you read our July forecasts and then compare your review of the December forecasts, you will note some subtle improvements as time evolved. We are not perfect but strive to be competent. Remember, prior results are no guarantee of future success… except for Mr. Madoff… for all that time. It’s our practice to offer a target and a stop with each forecast entry setup. From the get go, our stop policy for COSMIC Speculator forecast setups that trigger is $1,000. Since we generally identify setups that will probably result in at least 2:1 reward to risk ratio, our 1st target is $2,000. Those dollar values don’t apply perfectly to all 25 commodities on our watch list, but most do. When we gain > than $2,000, the method is working better than expected. We are now discussing opportunities with various brokers to honor our setups for their trading clients under a Letter of Direction authorization. Because these brokers require precision, we MUST arrive at a predetermined stop and a specific 1st target for each forecast. So, be it! We gota do it! In the early days, we offered the setup entering an ‘alert’ into the stop and target boxes. This action indicated that we would deliver the stop and target via a future COSMIC Alert. That worked OK when there were no broker trade desk agents requiring specific instruction. It will be better now… for all of us. NinjaTrader provides the facility to establish individual strategies for each instrument in our watch. I already have established a strategy for about 7 of the most common instruments we trade: Beans, Crude Oil, eMini S&P, Gold, Russell, T-Bond, etc. For the past month, Matt has included a well thought out stop and a carefully analyzed target, which his ZoneTrader software provides. My personal practice is to enter standing orders on each of the forecast entries Sunday evening immediately upon receiving the forecast report. I use my established NinjaTrader strategies [which may not be exactly like the setup stop and target issued by The Speculator], including entry, stop and target that I have programmed into my NinjaTrader software to initiate each standing order, so it is ready to execute when price arrives at the precise COSMIC Setup entry location… and then I retire for the evening. I may peak in to see what’s going on, but the automation is in charge. I’m simply an observer. At a later time, I go into my NinjaTrader DOM and adjust the target and stop to agree with the COSMIC Alert. This methodology assures I get entered, even under harried times, like when my mother-in-law is calling me to the dinner table to join the clan and my wife is screaming for me to get away from my computer on Sunday evening and join the family. For some subscribers, who travel and are not available at their computer at appropriate times, various brokers are offering a Letter of Direction Service by following our COSMIC Speculator Alert Service. In other words, you will request that your broker be added to our COSMIC Alert Service, so your broker trade desk will receive our alerts simultaneous with you. You can then even watch your NinjaTrader software on your screen as your broker enters the setup standing orders. You may hear the sounds and view the action taking place by your broker, just like you were watching television. Then you, too, can retire for the evening. Over the past six months, I’ve noticed that many of the trade setups trigger entry Sunday night. Other entries take more time… sometimes as late as Wednesday or Thursday of the week. But, bear [bare] in mind, The COSMIC Speculator automatically cancels all trade setups that do not trigger by Friday’s close. The COSMIC Speculator is initiating another new feature. Over the six months of our development in 2008, there were a couple weeks when no setups were forecast. But there was one week when Matt forecast 10 setups. Wow! I was very pleased that I had plenty funding in my account. Eight of the 10 setups triggered Sunday night. I personally got into six of the setups and they all turned into gains. Why did I miss two? Well, that night, the NYBOT [now ICE] did not allow me to enter standing orders for coffee or sugar… so, I slept better but… with no coffee and sugar. To this day, I don’t know for certain why I could not get entered; however, I have entered coffee and/or sugar on Sunday evening since. You see, coffee and sugar are NOT yet trading early evening Sunday in the Pacific time-zone. I thought for a while that the reason Ninja would not allow me to enter the standing order was because the instruments were not yet trading. But, since that evening, I have entered standing orders in the same entities; therefore, I suspect that the NYBOT was just not ready [broken down] to go to work yet… lol. But, let’s get to the point to all of this. Matt will no longer officially forecast 10 trade setups. Why? Because we want to attract serious traders who need to maintain their commodity futures trading account at a lower level. As a result, we will be limiting the number of forecast entries to 4 instruments suggesting one contract per instrument. Take some time now to review The COSMIC Speculator Reference menu tab. This page shows the detail day and overnight margin as well as the point and tick value of each of the 25 commodities watched by The COSMIC Speculator. You will note that one of the highest required overnight margin is on mini QM crude oil at $6,244. By the way, these margin requirements are subject to change by the various exchanges. Our data is reasonably current… as of November 2008, but with all the hoopla generating from last year’s financial melt down, look for more margin tightening. In other words, margin could be increased by he exchanges to reduce their risk. There a few higher, like copper, beans, natural gas, etc. But if you want really big margin, try the full contract crude oil! That instrument is $12,000 overnight margin per contract. Here are a few links to view margins. This data will give you a feel of the complexity. Note that there is an initial and maintenance margin. The initial is required for the first overnight hold. CBOT Agriculture http://www.cme.com/html.wrap/wrappedpages/clearing/pbrates/PBISOutrightCBT-AG.htm?h=2 CME Index Futures http://www.cme.com/html.wrap/wrappedpages/clearing/pbrates/PBISOutrightEQ.htm?h=2 NYBOT Agriculture https://www.theice.com/publicdocs/futures_us_reports/all/Futures_US_Margin_Requirements.pdf NYMEX http://www.nymex.com/ewd_margins.aspx And, while I am on the topic of levels and risk, we RECOMMEND that all subscriber to The COSMIC Speculator Forecasting Service trade on a simulator for some months prior to putting real money at risk. Why? The answer is to minimize risk. There are dozens of mistakes that can occur when trading commodities. Traders new to their method, software, instruments, etc., simply need to protect their wealth while they are learning. The part of your question relating to an instrument trading to limit up or limit down should be covered in our strategy. I trust I answered your questions. Richard V Rueb 702.279.6500 -------------------------------------------------------------------------------- From: New Subscriber [mailto:] Sent: Wednesday, January 07, 2009 7:14 PM To: R V Rueb Cc: Matt Reynolds Subject: Re: The COSMIC Speculator Hi Richard, Thank you -- I was able to complete the sign-up using the form. I see in the comments for alerts that you use NinjaTrader to enter automatic stops as soon as orders are filled. How can I find out what initial stops are at same time alert is issued so that I can use the same approach? Since COSMIC Speculator trades futures, another piece of advice I think subscribers such as myself could benefit from is how to handle a position that starts to move limit up or down against you -- how to respond in an extreme situation/event that you hope and largely expect will not happen. The best approach may be to continually move a % of profits as you get them into something less volatile and never risk more than 2% on a single position -- but that's the thought on the edge of the envelope that I wanted to put out there to get your thoughts on -- how do you and Matt approach that remote but real potential from a personal risk management standpoint? Thanks again for your time on the phone the other day -- I think it was as much your experience and straight conversation that pushed me over the edge as much as anything else. Regards, New Subscriber
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