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Navigator Managed Futures Trading
Program Summary
In
addition to offering highly rated commodity trading systems and
software, longtermtrading.com also manages commodity futures accounts
under its Navigator Managed Futures Trading Program. The following
summary describes the program and trading methodology and Advisor, the
program risks, and performance results from a real, time proprietary
trading account using the systems utilized by the Navigator program.
FUTURES
TRADING IS SPECULATIVE AND INVOLVES A HIGH DEGREE OF RISK. IT IS
SUITABLE ONLY FOR PERSONS WHO CAN AFFORD TO LOSE THEIR ENTIRE
INVESTMENT. PROSPECTIVE INVESTORS MUST REVIEW THE ENTIRE PROGRAM
DISCLOSURE DOCUMENT BEFORE INVESTING.
DESCRIPTION
AND OBJECTIVES OF THE TRADING PROGRAM
– longtermtrading.com offers the Navigator Managed Futures Trading
Program as an alternative investment vehicle designed to be highly
non-correlated with stock and equity investments. The Navigator Program
trades a diversified mix of energy, metal, grain, meat, tropical,
currency, and interest rate futures on US exchanges. It does not trade
stocks, stock options, or single-stock or stock index futures.
ABOUT
THE ADVISOR –
longtermtrading.com, the Advisor to the Program, is registered as a
Commodity Trading Advisor (“CTA”) by the Commodity Futures Trading
Commission and is a member of the National Futures Association. Since
2001, longtermtrading.com has developed and
sold a number of highly regarded and publicly-rated mechanical commodity
futures trading systems as discussed elsewhere in this web site. The
trading systems used to guide investment decisions made by the Advisor
to trade Clients’ accounts in the Navigator program, however, were
more recently developed and are proprietary and used exclusively for
managing futures investments. They are otherwise not available for
acquisition from longtermtrading.com or elsewhere.
Mr.
Alan Pryor is the sole principal of longtermtrading.com and the
developer of the trading systems sold by longtermtrading.com and the
more recently developed futures trading systems used to guide investment
decisions in this program. Prior to longtermtrading.com, Mr. Pryor held
a variety of executive and technical positions with emerging alternative
energy and environmental-related companies over the course of over two
decades. He is a graduate of the University of California, Santa Cruz
(B.A., Biology and B.A., Chemistry, 1975, cum laude) and the University
of California, Berkeley (M.S., Environmental Health Sciences -
Industrial Hygiene Engineering, 1978).
THE
TRADING SYSTEMS AND
RISK CONTROL -
Two distinct and unique proprietary trading systems developed by the
Advisor serve as the basis for the trading program – a short term
system with an average trade length of about 1.5 days and a long term
trading system with an average trade length of from 9-10 weeks. The two
systems operate using quite different time frames and different
technical indicators and are designed to provide greater diversification
and help partially protect portfolio value in the event one system or
the other performs less than average over a period of time. The Systems
are completely mechanical and rely upon the application of patterns of
historical price fluctuations.
Initial
risk management is of the utmost importance and is reviewed and
calculated before any new positions are initiated. The Advisor’s money
management approach involves moderately aggressive trading. However, not
more than approximately 2.5% of the Account’s total equity will
generally be initially risked on any one trade generated. However, the
program will generally trade at least a minimum of one contract on each
trade regardless of the calculated initial risk percentage per contract
provided that not more than 7.5% of the account’s total equity capital
will be initially risked at any one time through new trade exposure in
any one commodity sector. Trades with risk greater than that specified
will not be taken.
PROPRIETARY
ACCOUNT RATES OF RETURN
|
Month
|
2008
|
2007
|
|
January
|
-3.2%
|
-2.3%
|
|
February
|
26.5%
|
-0.9%
|
|
March
|
-6.6%
|
0.2%
|
|
April
|
7.1%
|
5.5%
|
|
May
|
8.3
|
1.0%
|
|
June
|
-2.4%
|
1.0%
|
|
July
|
-15.3
|
4.8%
|
|
August
|
|
-4.1%
|
|
September
|
|
21.0%
|
|
October
|
|
19.0%
|
|
November
|
|
1.0%
|
|
December
|
|
2.4%
|
|
Annual Rate of Return
|
6.7%
|
56.6%
|
Note:
Past Performance is not Necessarily Indicative of Future Results.

Note:
Past Performance is not Necessarily Indicative of Future Results.

Note:
Past Performance is not Necessarily Indicative of Future Results.
MARKETS
TRADED
- Initially, the Advisor will trade a diverse portfolio of 30 domestic
US commodity futures:
|
Sector
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Futures
|
Exchange
|
|
Interest
Rates
|
30-Yr
US Treasury Bonds, 5 & 10-Year US Treasury-Notes, Eurodollars |
Chicago
Board of Trade, Chicago
Mercantile Exchange |
|
Currencies
|
British
Pound, Japanese Yen, Euro Currency, Swiss Franc, Canadian Dollar,
Australian Dollar
|
Chicago
Mercantile Exchange
|
|
Metals
|
Gold,
Silver, Copper
|
COMOX
|
|
Energies
|
Crude
Oil, Heating Oil, Reformulated Gasoline, Natural Gas
|
New
York
Mercantile Exchange
|
|
Grains
|
Corn,
Soybean, Soybean Meal, Soybean Oil, Corn, Wheat
|
Chicago
Board of Trade, Kansas City Board of Trade |
|
Meats
|
Live
Cattle, Lean Hogs, Feeder Cattle
|
Chicago
Mercantile Exchange
|
|
Softs
- Tropicals
|
Coffee,
Cocoa, Sugar, Cotton
|
International
Commodity Exchange
|
FUTURES
TRADING IS SPECULATIVE AND INVOLVES A HIGH DEGREE OF RISK. IT IS
SUITABLE ONLY FOR PERSONS WHO CAN AFFORD TO LOSE THEIR ENTIRE
INVESTMENT. PROSPECTIVE INVESTORS MUST REVIEW THE ENTIRE PROGRAM
DISCLOSURE DOCUMENT BEFORE INVESTING.
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