Futures Trading Journal offers our subscribers a EXTREMELY successful
(see performance history) computer aided commodities trading system for the precious metals market, particularly the gold and silver markets, and has been used by top commodities brokers and leading financial institutions since mid-2002. The daily trade entries can be viewed by FTJ subscribers as soon as they a posted; subscribers are immediately notified via email. Posting of the gold or silver commodity trade entries occurs before the trades have been executed given subscribers time to review the information and decide whether or not to utilize such data for their own personal means. Futures Trading Journal may from time to time post trade entries for commodities traded on the metals commodity market other than Gold & Silver Futures.
For those individuals who are not familiar with the gold and silver futures / commodities market, here is some basic information that you should be aware of:
- Full-size Gold is 100 ounces and mini-sized Gold is 33.2 ounces
Full-size Silver is 5,000 ounces and mini-sized Silver is 1,000 ounces
- The tick value for GOLD traded through CBOT is 10 cents (0.10) per troy ounce.
The per contract value for the full-sized 100 ounce Gold futures is $10.00
the per contract vaue for the mini-sized 33.2 ounce Gold futures is $3.32
- The tick value for SILVER traded through CBOT is 10/100 of one cent per troy ounce of Silver
The per contract value for the full-sized 5,000 ounce Silver futures is $5.00
The per contract value for the mini-sized 1,000 ounce Silver futures is $1.00
- The price basis for Gold futures and Silver futures is New York or basis any other location designated by the Exchange, in multiples of $0.10 (10 cents) per fine troy ounce for Gold and in multiples of 10/100 of one cent per troy ounce for Silver.
As always, Futures Trading Journal reminds you that any investment, including commodities investments in Gold or Silver futures, carries with it a substantial level of risk. FTJ advises anyone who is considering investing in the Gold Futures or Silver Futures precious metals commodities markets to speak with a licensed and qualified commodities broker to determine if such investments in commodities are suitable for you.
All entry results are hypothetical and are posted in terms of profit percentage or loss percentage, assuming a single contract based on $10,000 value. Commission, leverage, and slippage costs have not been accounted for. Prudence, discipline and sound advice from a licensed investment professional should always precede any investment being considered regardless of the performance of any trading system.
Past performance is not necessarily indicative of future results. Substantial risk of loss exists in futures trading. No representation is being made that any account will achieve profits or losses similar to those shown. Futures’ trading involves financial risk and no trading record can completely account for the impact of financial risk in actual trading. Subscribers should not place undue reliance on past performance results.