Back to List of Systems
Tanker (miniCL) Trading System
| To learn more about this system,
Call 312.987.0043 or Email us» . |
Developer: Jack Telford |
| Market Sector: | Energies |
| Markets Traded: | |
| System Type: | Day Trading |
| Risk per Trade: | $350 per mini |
| Trading Rules: | Not Disclosed |
| Suggested Capital: | $5,000 |
| System Cost: | Contact Us |
| Results Available?: | Contact us for Info |
| System Description: | Tanker is a fully mechanical day-trading system that looks to capitalize on movements in the increasingly volatile crude oil market. The system can profit as easily during sell-off periods as during price surges. Where many systems trade the crude oil market on a long term basis, holding position in the range of days sometimes months, Tanker is unique in that it does not hold position overnight, thus minimizing risk exposure. It trades during the regular New York Mercantile pit trading session from 10:00 am till 2:30 pm EST. Similar to other systems from Mariner Futures, this system looks for a direction of the market and enters the position mostly on the retracements from the prevailing trend. Tanker trades on a 5 minute bar chart, and its strategy is applied to a regular NYMEX pit-traded contract, although the system also works well trading the mini crude oil contract, as electronically executed on the CME Globex trading system. This system can be traded with as little as $5,000 for initial capital in the mini crude oil version. |
Systems Evaluation