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Compass (ES) Trading System

To learn more about this system,
Call 800.669.8838/312.987.0043 or Email us» .

Developer: Jack Telford
Mariner Futures

Market Sector: Stock Indexes 
Markets Traded: ES ,
System Type: Day Trading 
Risk per Trade: 4-6 points 
Trading Rules: Not Disclosed 
Suggested Capital: $5,000 
System Cost: $19.00 Monthly Subscription
Results Available?: Yes     View Performance» 
System Description: Compass is another S&P day trading system that tries to identify a trend in the morning market action. Once the system has identified a trend it looks to enter the market on a pullback in that trend usually around midday. The system is not reliant on technical indicators, but instead looks for a basic trend while using Advancing/ Declining Issues and Up/Down volume numbers to determine the overall strength or weakness of the internals of the market. Compass also has the ability to determine when the trend is extremely weak or extremely strong and that the market will have a more shallow pullback. Compass will usually enter the market with limit orders, but if it determines that the market might not meet the limit it can just go to the market. The system utilizes this method to capture market conditions where the price continues in the same direction the entire day without a significant pullback. Once in the market the system will place a stop loss order behind its position - usually between 4-6 points. If the market moves in our favour, it will run the position until 3:10pm at which time it exits at the market. Compass will not usually give a signal to trade before 11:30am and will cancel any existing working orders at 2:30pm. Although based off of the big S&P it is possible to trade this system with the E-mini's - which is a great benefit to position sizing according to how well your account balance may fluctuate. 


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Striker Securities, Inc.
940 N. Industrial Drive
Elmhurst, IL 60126
800-669-8838 (Toll-Free)
312-987-0043 (International)
312-987-9088 (Fax)
Contact by Email »

Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not necessarily indicative of future results. Striker is a member of the National Futures Association ("NFA"), the Managed Funds Association ("MFA"), and the National Introducing Broker Association ("NIBA"). Striker is registered with the Commodity Futures Trading Commission ("CFTC"), and was formerly registered with the Securities Exchange Commission ("SEC"). Additionally, Striker is a former member of the Financial Industry Regulatory Authority ("FINRA"), and the Securities Investor Protection Corporation ("SIPC"). FINRA is the largest non-governmental regulator for all securities business in the United States. Please read Striker Disclosure Statement for the additional disclosure.

Futures Trading Disclaimer:
Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily "leveraged". A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. For accounts that are deemed abandoned or inactive, Striker may charge up to a $35.00 monthly inactivity fee, depending on the clearing firm where the account is held. If the Net Liquidity of an account reaches a Daily Loss Limit of 80%, open positions will attempt to be liquidated. Clients are responsible for monitoring their positions and are financially responsible for any losses generated by open positions in the account. Striker retains its right to liquidate positions in any account, at its sole discretion, with no forewarning.

Forex Trading Disclosure:
Trading cash Foreign Exchange ("FX") contracts carries the same high level of risk as futures trading (Futures Trading Disclaimer). However cash FX, unlike futures FX contracts that are regulated by the Commodity Trading Futures Commission, are not regulated by any governmental agency. In addition, because there is not a central clearing house for cash FX transactions, there is also a counterparty risk for each contact. For additional information please read the National Futures Association ("NFA") August 2003 "Investor Alert" found on the Striker Disclaimer Page.