The Wasendorf Trading System
The Wasendorf Trading System provides recommendations for
trading in the futures markets and is updated daily.
- Call the Wasendorf Trading System Hotline (GO below).
Because the Wasendorf Trading System provides recommendations
for so many markets (40 markets currently), the hotline
is staffed by customer service representatives. The
staff at Wasendorf & Associates will provide the trading
system's current positions, reversal stop recommendations
and when to roll to the next contract month.
The Wasendorf Trading System is designed to be a trend-following
system. It will perform better in a trending market
but not so well when sideways action is occurring. It
is recommended that a diversified portfolio of commodities
be traded to catch major moves. The number of markets
to trade depends on the size of the trading account
and areas of interest.
Currently, the initial margin requirement for this
portfolio would be slightly under $20,000. It is recommended
a trader deposit at least twice the required margin.
Margin requirements are subject to change without notice.
Wasendorf & Associates will design a customized portfolio
to fit any trader's needs.
The Wasendorf Trading System is almost always in the
market with a position either long or short because
the protective stop is also the reversal point. For
example, in a long position with one contract, a protective
stop is placed to sell two contracts, reversing to a
short position when the stop order is executed. It
is important to call the hotline regularly if following
these recommendations, because the reversal stops can
change on a daily basis. The reversal stops are available
weekday mornings after 7:00 AM CST.
When following the recommendations of the Wasendorf
Trading System, initial market entry will be dependent
upon each trader and the current market conditions.
It is generally recommended that a trader wait for a
reversal stop to be triggered to enter a position. If
a market appears to be trending, entering at the market
may be advisable.
The Wasendorf Trading System usually trades the front
contract of any commodity because it can provide the
most liquidity. Holding a position beyond the first
notice day is never recommended. Contracts are
rolled at the close the day prior to first notice or
last trading day, whichever comes first. Reversal stops
are scrutinized as the time to roll a contract approaches.
If there is a high probability of a stop order being
executed within a few days of the selected roll date,
an order to exit the front month will be placed and
the new position will be entered in the next contract
month using the reversal stop.
Any decision about what markets to enter and when to
trade them depends on a trader's risk tolerance. Having
a protective stop may not limit the risk of loss, as
market conditions sometimes do not allow a stop order
to be executed. This happens if a market is locked limit
up or down for an entire trading session. A thorough
understanding of the enormous risk of futures trading
is required before making any trade.
In many ways, the Wasendorf Trading System recommendations
resemble simulations of market transactions. These transactions
are hypothetical and should be considered with the understanding
that hypothetical transactions have inherent limitations.
Wasendorf Trading
System Hotline
7:00 AM to 4:00 PM CST
Monday through Friday
(319) 277-5240
