Systems Trading Reporting
Actual Trade Summary

iDay Micro Portfolio Trading System SID#:3216
***Past performance may not be necessarily indicative of future results.
To learn more about this system, contact RJO FUTURES TEAM at 312.373.5303 or email rjofuturesmarketing@rjobrien.com.
 
Profit and Loss as shown below is not necessarily representative of a single account, but is a compilation of several accounts over time, and is based on the physical trade ticket. The risk of loss in trading commodity futures and options can be substantial and may not be suitable for all investors.
These results are based on 1 contract, with a starting balance of $6,000. Monthly subscription $30 and commission $2/RT along with all fees are included in the profit/loss calculation.
                                              
Entry Date Exit Date Market Buy Sell Net Pts Profit/Loss
01/02/24 01/02/24 MGC 2088.10 2081.80 (6.30) ($73.36)
01/02/24 01/02/24 MES 4795.00 4783.00 (12.00) ($69.26)
01/02/24 01/02/24 MNQ 16722.00 16778.00 56.00 $102.74
01/03/24 01/03/24 MGC 2056.20 2056.50 0.30 ($7.36)
01/03/24 01/03/24 MES 4763.25 4753.75 (9.50) ($56.76)
01/04/24 01/04/24 MES 4759.00 4752.75 (6.25) ($40.51)
01/04/24 01/04/24 MCL 71.50 71.46 (0.04) ($13.26)
01/04/24 01/04/24 MES 4765.25 4748.50 (16.75) ($93.01)
01/04/24 01/04/24 MES 4758.00 4739.50 (18.50) ($101.76)
01/05/24 01/05/24 MGC 2050.50 2032.00 (18.50) ($195.36)
01/05/24 01/05/24 MES 4753.50 4757.25 3.75 $9.49
01/05/24 01/05/24 MES 4756.00 4745.25 (10.75) ($63.01)
01/08/24 01/08/24 MGC 2029.60 2026.70 (2.90) ($39.36)
01/09/24 01/09/24 MNQ 16764.75 16704.50 (60.25) ($129.76)
01/09/24 01/09/24 MES 4787.50 4787.25 (0.25) ($10.51)
01/11/24 01/11/24 MGC 2033.80 2032.00 (1.80) ($28.36)
01/11/24 01/11/24 MES 4814.25 4812.75 (1.50) ($16.76)
01/12/24 01/12/24 M6E 109.83 110.05 0.22 $25.50
01/12/24 01/12/24 MES 4816.75 4816.50 (0.25) ($10.51)
01/12/24 01/12/24 M6E 109.83 110.05 0.22 $25.50
01/12/24 01/12/24 MGC 2044.10 2051.70 7.60 $65.64
01/12/24 01/12/24 MNQ 16991.25 16927.94 (63.31) ($135.88)
01/16/24 01/16/24 MGC 2030.10 2041.60 11.50 $104.64
01/16/24 01/16/24 MNQ 16929.62 16892.50 (37.12) ($83.50)
01/17/24 01/17/24 MNQ 16775.50 16705.00 (70.50) ($150.26)
01/17/24 01/17/24 MES 4773.50 4762.00 (11.50) ($66.76)
01/17/24 01/17/24 M6E 108.86 109.06 0.20 $23.00
01/18/24 01/18/24 MES 4790.25 4782.00 (8.25) ($50.51)
01/18/24 01/18/24 MES 4794.25 4779.75 (14.50) ($81.76)
01/18/24 01/18/24 M6E 108.85 109.10 0.25 $29.25
01/18/24 01/18/24 MCL 73.89 73.91 0.02 ($7.26)
01/19/24 01/19/24 MGC 2037.30 2034.10 (3.20) ($42.36)
01/19/24 01/19/24 MGC 2037.30 2034.10 (3.20) ($42.36)
01/22/24 01/22/24 MNQ 17572.25 17535.25 (37.00) ($83.26)
01/23/24 01/23/24 MES 4883.50 4875.75 (7.75) ($48.01)
01/24/24 01/24/24 MNQ 17754.75 17706.50 (48.25) ($105.76)
01/24/24 01/24/24 MES 4898.25 4899.25 1.00 ($4.26)
01/25/24 01/25/24 MES 4924.50 4911.50 (13.00) ($74.26)
01/25/24 01/25/24 MES 4913.50 4908.50 (5.00) ($34.26)
01/26/24 01/26/24 MES 4931.25 4914.75 (16.50) ($91.76)
01/26/24 01/26/24 M6E 108.78 108.60 (0.18) ($24.50)
01/29/24 01/29/24 MGC 2050.00 2039.70 (10.30) ($113.36)
01/29/24 01/29/24 MES 4924.00 4922.50 (1.50) ($16.76)
01/29/24 01/29/24 MNQ 17604.00 17702.25 98.25 $187.24
01/30/24 01/30/24 MGC 2060.50 2048.20 (12.30) ($133.36)
01/30/24 01/30/24 M6E 108.60 108.40 (0.20) ($27.00)
01/31/24 01/31/24 MGC 2066.80 2065.80 (1.00) ($20.36)
January, 2024 Total:       ($1,843.47)

                                                 
Entry Date Exit Date Market Buy Sell Net Pts Profit/Loss
02/01/24 02/01/24 MGC 2051.40 2048.40 (3.00) ($40.36)
02/01/24 02/01/24 MES 4908.00 4952.50 44.50 $213.24
02/01/24 02/01/24 MES 4926.25 4959.00 32.75 $154.49
02/01/24 02/01/24 MNQ 17443.50 17619.25 175.75 $342.24
02/02/24 02/02/24 MGC 2053.00 2054.00 1.00 ($0.36)
02/02/24 02/02/24 M6E 108.08 108.96 0.88 $108.00
02/02/24 02/02/24 MES 4949.25 4991.50 42.25 $201.99
02/05/24 02/05/24 MES 4954.25 4940.00 (14.25) ($80.51)
02/05/24 02/05/24 MGC 2039.90 2035.80 (4.10) ($51.36)
02/05/24 02/05/24 MES 4963.75 4945.50 (18.25) ($100.51)
02/06/24 02/06/24 MES 4976.75 4967.00 (9.75) ($58.01)
02/06/24 02/06/24 MES 4968.25 4956.75 (11.50) ($66.76)
02/07/24 02/07/24 MES 5004.00 4990.25 (13.75) ($78.01)
02/07/24 02/07/24 MES 5003.25 5013.00 9.75 $39.49
02/07/24 02/07/24 MNQ 17805.75 17849.25 43.50 $77.74
02/08/24 02/08/24 M6E 107.90 107.90 0.00 ($2.00)
02/08/24 02/08/24 MGC 2049.20 2035.60 (13.60) ($146.36)
02/09/24 02/09/24 M6E 107.99 107.98 (0.01) ($3.25)
02/09/24 02/09/24 MES 5024.00 5043.25 19.25 $86.99
02/09/24 02/09/24 MNQ 17965.75 18032.25 66.50 $123.74
02/12/24 02/12/24 MES 5058.75 5037.75 (21.00) ($114.26)
02/13/24 02/13/24 MGC 2009.30 2005.30 (4.00) ($50.36)
02/14/24 02/14/24 M6E 107.43 107.21 (0.22) ($29.50)
02/14/24 02/14/24 MES 5013.25 5013.75 0.50 ($6.76)
02/14/24 02/14/24 MNQ 17868.00 17874.12 6.12 $2.98
02/15/24 02/15/24 M6E 107.77 107.44 (0.33) ($43.25)
02/15/24 02/15/24 MGC 2020.00 2010.90 (9.10) ($101.36)
02/19/24 02/19/24 MNQ 17780.25 17792.25 12.00 $14.74
02/16/24 02/16/24 MES 5036.25 5022.00 (14.25) ($80.51)
02/16/24 02/16/24 MNQ 17860.50 17746.50 (114.00) ($237.26)
02/16/24 02/16/24 MES 5045.00 5027.50 (17.50) ($96.76)
02/20/24 02/20/24 M6E 108.41 107.85 (0.56) ($72.00)
02/20/24 02/20/24 MGC 2041.60 2038.20 (3.40) ($44.36)
02/20/24 02/20/24 MNQ 17611.50 17530.50 (81.00) ($171.26)
02/21/24 02/21/24 MNQ 17479.00 17473.00 (6.00) ($21.26)
02/21/24 02/21/24 MES 5014.00 5014.75 0.75 ($5.51)
02/22/24 02/22/24 MES 5063.00 5053.00 (10.00) ($59.26)
02/22/24 02/22/24 MES 5072.25 5091.75 19.50 $88.24
02/22/24 02/22/24 MNQ 17952.50 18023.50 71.00 $132.74
02/23/24 02/23/24 MGC 2042.80 2047.20 4.40 $33.64
02/23/24 02/23/24 M6E 108.35 108.35 0.00 ($2.00)
02/23/24 02/23/24 MGC 2040.90 2047.50 6.60 $55.64
02/26/24 02/26/24 MGC 2039.50 2036.30 (3.20) ($42.36)
02/26/24 02/26/24 MES 5098.50 5088.00 (10.50) ($61.76)
02/28/24 02/28/24 MNQ 17916.50 17962.00 45.50 $81.74
02/28/24 02/28/24 MES 5078.75 5070.25 (8.50) ($51.76)
02/29/24 02/29/24 MGC 2059.00 2055.00 (4.00) ($50.36)
02/29/24 02/29/24 MNQ 18053.62 18014.50 (39.12) ($87.50)
02/29/24 02/29/24 MES 5075.25 5086.25 11.00 $45.74
02/29/24 02/29/24 M6E 108.06 108.51 0.45 $54.25
February, 2024 Total:       ($229.27)

                                                
Entry Date Exit Date Market Buy Sell Net Pts Profit/Loss
03/01/24 03/01/24 MGC 2067.30 2091.20 23.90 $228.64
03/01/24 03/01/24 MNQ 18212.00 18318.00 106.00 $202.74
03/01/24 03/01/24 MES 5123.50 5141.50 18.00 $80.74
03/04/24 03/04/24 MGC 2110.50 2114.80 4.30 $32.64
03/04/24 03/04/24 MGC 2110.50 2125.60 15.10 $140.64
03/05/24 03/05/24 MGC 2143.50 2133.60 (9.90) ($109.36)
03/06/24 03/06/24 MES 5112.75 5102.00 (10.75) ($63.01)
03/06/24 03/06/24 MES 5132.75 5119.50 (13.25) ($75.51)
03/06/24 03/06/24 MES 5125.25 5117.75 (7.50) ($46.76)
03/07/24 03/07/24 MES 5151.00 5167.25 16.25 $71.99
03/07/24 03/07/24 MNQ 18250.88 18192.69 (58.19) ($125.64)
03/08/24 03/08/24 M6E 109.77 109.36 (0.41) ($53.25)
03/08/24 03/08/24 MES 5176.50 5176.75 0.25 ($8.01)
03/08/24 03/08/24 MGC 2186.30 2184.50 (1.80) ($28.36)
03/08/24 03/08/24 MES 5154.50 5149.75 (4.75) ($33.01)
03/11/24 03/11/24 MES 5182.25 5192.25 10.00 $40.74
03/12/24 03/12/24 MES 5203.50 5208.00 4.50 $13.24
03/12/24 03/12/24 MES 5198.50 5187.00 (11.50) ($66.76)
03/12/24 03/12/24 MES 5219.25 5219.50 0.25 ($8.01)
03/12/24 03/12/24 MGC 2172.20 2167.60 (4.60) ($56.36)
03/13/24 03/13/24 M6E 109.52 109.24 (0.28) ($37.00)
03/13/24 03/13/24 MNQ 18351.75 18338.00 (13.75) ($36.76)
03/14/24 03/14/24 MGC 2166.90 2160.00 (6.90) ($79.36)
03/14/24 03/14/24 MES 5201.25 5219.50 18.25 $81.99
03/15/24 03/15/24 MES 5200.50 5187.25 (13.25) ($75.51)
03/15/24 03/15/24 M6E 109.31 109.30 (0.01) ($3.25)
03/15/24 03/15/24 MNQ 18059.50 18050.50 (9.00) ($27.26)
03/18/24 03/18/24 MES 5194.50 5220.50 26.00 $120.74
03/18/24 03/18/24 MNQ 18295.50 18283.50 (12.00) ($33.26)
03/18/24 03/18/24 MES 5234.50 5219.25 (15.25) ($85.51)
03/19/24 03/19/24 MES 5210.25 5198.50 (11.75) ($68.01)
03/19/24 03/19/24 MES 5227.75 5242.75 15.00 $65.74
03/19/24 03/19/24 MES 5227.75 5241.25 13.50 $58.24
03/20/24 03/20/24 MES 5235.00 5237.50 2.50 $3.24
03/20/24 03/20/24 M6E 108.98 109.08 0.10 $10.50
03/20/24 03/20/24 MNQ 18315.50 18260.25 (55.25) ($119.76)
03/21/24 03/21/24 MGC 2206.80 2205.30 (1.50) ($25.36)
03/21/24 03/21/24 MES 5308.75 5310.00 1.25 ($3.01)
03/21/24 03/21/24 MNQ 18695.50 18634.75 (60.75) ($130.76)
03/22/24 03/22/24 MES 5295.75 5298.25 2.50 $3.24
03/22/24 03/22/24 MGC 2161.40 2165.70 4.30 $32.64
03/25/24 03/25/24 MGC 2202.00 2197.70 (4.30) ($53.36)
03/25/24 03/25/24 MES 5281.25 5287.00 5.75 $19.49
03/26/24 03/26/24 MGC 2199.00 2206.40 7.40 $63.64
03/26/24 03/26/24 MES 5292.50 5277.50 (15.00) ($84.26)
03/26/24 03/26/24 MES 5272.50 5274.75 2.25 $1.99
03/27/24 03/27/24 MES 5279.50 5271.25 (8.25) ($50.51)
03/27/24 03/27/24 MES 5286.00 5286.00 0.00 ($9.26)
03/28/24 03/28/24 MGC 2234.90 2226.30 (8.60) ($96.36)
March, 2024 Total:       ($449.78)

                                                           
Entry Date Exit Date Market Buy Sell Net Pts Profit/Loss
04/01/24 04/01/24 MGC 2279.50 2269.40 (10.10) ($111.36)
03/28/24 04/01/24 MGC 2240.50 2267.20 26.70 $256.64
04/01/24 04/01/24 MES 5285.00 5305.50 20.50 $93.24
04/01/24 04/01/24 MNQ 18576.25 18540.25 (36.00) ($81.26)
04/01/24 04/01/24 MES 5316.00 5293.25 (22.75) ($123.01)
04/02/24 04/02/24 MGC 2281.30 2274.70 (6.60) ($76.36)
04/02/24 04/02/24 MGC 2287.40 2295.90 8.50 $74.64
04/02/24 04/02/24 MES 5247.75 5245.50 (2.25) ($20.51)
04/02/24 04/02/24 MNQ 18277.75 18266.25 (11.50) ($32.26)
04/02/24 04/02/24 MES 5260.00 5261.25 1.25 ($3.01)
04/03/24 04/03/24 MNQ 18329.25 18285.75 (43.50) ($96.26)
04/03/24 04/03/24 M6E 108.40 107.98 (0.42) ($54.50)
04/03/24 04/03/24 MGC 2310.50 2312.50 2.00 $9.64
04/03/24 04/03/24 MES 5271.00 5261.00 (10.00) ($59.26)
04/04/24 04/04/24 MGC 2317.50 2313.70 (3.80) ($48.36)
04/04/24 04/04/24 MNQ 18528.00 18484.85 (43.15) ($95.56)
04/04/24 04/04/24 MES 5196.75 5244.00 47.25 $226.99
04/05/24 04/05/24 MGC 2322.90 2319.00 (3.90) ($49.36)
04/05/24 04/05/24 MGC 2335.70 2344.90 9.20 $81.64
04/05/24 04/05/24 MES 5246.00 5252.50 6.50 $23.24
04/05/24 04/05/24 MNQ 18365.00 18308.25 (56.75) ($122.76)
04/09/24 04/09/24 MGC 2378.00 2376.80 (1.20) ($22.36)
04/09/24 04/09/24 M6E 109.13 108.85 (0.28) ($37.00)
04/09/24 04/09/24 MGC 2379.90 2375.90 (4.00) ($50.36)
04/10/24 04/10/24 M6E 108.11 108.90 0.79 $96.75
04/10/24 04/10/24 MES 5191.00 5185.50 (5.50) ($36.76)
04/10/24 04/10/24 MNQ 18219.25 18157.25 (62.00) ($133.26)
04/11/24 04/11/24 MES 5199.00 5199.25 0.25 ($8.01)
04/11/24 04/11/24 MES 5233.00 5244.50 11.50 $48.24
04/12/24 04/12/24 MGC 2416.50 2411.20 (5.30) ($63.36)
04/12/24 04/12/24 MNQ 18134.25 18323.00 188.75 $368.24
04/12/24 04/12/24 MES 5169.00 5197.75 28.75 $134.49
04/15/24 04/15/24 MES 5157.75 5190.00 32.25 $151.99
04/16/24 04/16/24 MES 5113.75 5089.00 (24.75) ($133.01)
04/17/24 04/17/24 MES 5069.00 5109.75 40.75 $194.49
04/17/24 04/17/24 M6E 106.77 106.56 (0.21) ($28.25)
04/17/24 04/17/24 MES 5095.25 5085.50 (9.75) ($58.01)
04/18/24 04/18/24 MES 5085.25 5075.75 (9.50) ($56.76)
04/22/24 04/22/24 MES 5020.00 5021.25 1.25 ($3.01)
04/22/24 04/22/24 MES 5020.25 5032.25 12.00 $50.74
04/22/24 04/22/24 MGC 2345.50 2373.90 28.40 $273.64
04/22/24 04/22/24 MES 5027.25 5059.50 32.25 $151.99
04/22/24 04/22/24 MES 5043.25 5047.50 4.25 $11.99
04/22/24 04/22/24 MES 5053.25 5047.75 (5.50) ($36.76)
04/23/24 04/23/24 MES 5075.75 5098.75 23.00 $105.74
04/23/24 04/23/24 MCL 83.34 83.36 0.02 ($7.26)
04/24/24 04/24/24 M6E 107.14 107.12 (0.02) ($4.50)
04/24/24 04/24/24 MNQ 17786.65 17707.30 (79.35) ($167.96)
04/24/24 04/24/24 MES 5094.00 5089.50 (4.50) ($31.76)
04/24/24 04/24/24 MES 5096.00 5095.50 (0.50) ($11.76)
04/24/24 04/24/24 MNQ 17700.75 17661.25 (39.50) ($88.26)
04/25/24 04/25/24 MNQ 17522.75 17458.75 (64.00) ($137.26)
04/26/24 04/26/24 MNQ 5123.50 5121.75 (1.75) ($12.76)
04/26/24 04/26/24 MNQ 5124.00 5119.75 (4.25) ($17.76)
04/29/24 04/29/24 MES 5137.25 5141.75 4.50 $13.24
04/29/24 04/29/24 MES 5151.25 5142.00 (9.25) ($55.51)
04/29/24 04/29/24 MES 5146.75 5138.75 (8.00) ($49.26)
04/30/24 04/30/24 MES 5119.00 5126.75 7.75 $29.49
04/30/24 04/30/24 MGC 2317.40 2313.10 (4.30) ($53.36)
04/30/24 04/30/24 MGC 2308.40 2326.70 18.30 $172.64
April, 2024 Total:       $261.55

            
Entry Date Exit Date Market Buy Sell Net Pts Profit/Loss
05/01/24 05/01/24 MES 5074.50 5106.00 31.50 $148.24
05/02/24 05/02/24 M6E 107.08 107.41 0.33 $39.25
05/02/24 05/02/24 MES 5068.50 5049.25 (19.25) ($105.51)
05/02/24 05/02/24 MES 5096.75 5081.00 (15.75) ($88.01)
05/03/24 05/03/24 M6E 108.10 107.48 (0.62) ($79.50)
05/03/24 05/03/24 MES 5161.00 5137.00 (24.00) ($129.26)
05/03/24 05/03/24 MGC 2304.70 2287.50 (17.20) ($182.36)
05/03/24 05/03/24 MES 5150.25 5140.25 (10.00) ($59.26)
05/03/24 05/03/24 MNQ 17990.62 18041.27 50.65 $92.04
05/06/24 05/06/24 MGC 2332.70 2331.20 (1.50) ($25.36)
05/06/24 05/06/24 MNQ 18124.50 18185.25 60.75 $112.24
05/07/24 05/07/24 MES 5219.75 5211.00 (8.75) ($53.01)
05/07/24 05/07/24 MES 5223.25 5225.00 1.75 ($0.51)
May, 2024 Total:       ($361.01)

System Trades Disclosure:
System Description
"System Description" is based upon information obtained from specific system marketing documents, system developers and/or system vendors themselves. While the information is believed to be reliable, we cannot guarantee its completeness or accuracy.

Actual Monthly Performance
The table and charts represent the monthly/quarterly/annual summation of actual trades based on system-specified contract(s) executed through Striker Securities, Inc. using the referenced trading system or system vendor for the stated time period. Commissions and monthly vendor fees are deducted from the tabulation. Results are based on 1 contract. If a client trades 2 contracts his gain or loss is twice as displayed (and so on). This table is presented for information purposes only and is not a solicitation for the referenced system or vendor. The purpose of this information is for clients to compare their brokerage statements to what is displayed on Striker's site. Striker as a matter of policy has no ownership with the referenced system or vendor or any other trading system or vendor. Past trade history may not be indicative of future results. The results indicated here may or may not be typical of the performance of this system and, ALTHOUGH WE BELIEVE THIS INFORMATION TO BE ACCURATE, RJO FUTURES MAKES NO ENDORSEMENT OF THIS OR ANY SYSTEM NOR WARRANTS ITS PERFORMANCE. This is not the only trading system that Striker executes for its clients. Potential traders should carefully investigate, evaluate and compare trading systems before investing capital. Some or all trading systems may involve an inappropriate level of risk for potential traders. It is the nature of commodity trading that where there is the opportunity for profit, there is also the risk of loss. In opening an account through RJO FUTURES, Customer acknowledges and agrees that he/she will rely solely upon the information that RJO FUTURESprovides to you. Thus, all prior third-party materials provided are superseded by the information and disclosures provided by RJO FUTURES.

Important Information About this Trading System Analysis
Statistics, tables, charts and other information on trading system monthly performance are based on actual trading unless otherwise specified. Actual dollar and percentage gains/losses experienced by investors would depend on many factors not accounted for in these statistics, including, but not limited to, starting account balances, market behavior, developer fees, incidence of split fills and other variations in order execution, and the duration and extent of individual investor participation in the specified system. While the information and statistics given are believed to be complete and accurate we cannot guarantee their completeness or accuracy as they results are key punched and subject to human error. Performance information is not the performance of a single account, but a compilation of several accounts over time, and is based on the physical trading ticket. THIS INFORMATION IS PROVIDED FOR EDUCATIONAL/ INFORMATIONAL PURPOSES ONLY AND USED BY CURRENT CLIENTS TO AUDIT THEIR STATEMENTS TO STRIKER SITE. These results are not indicative of, and have no bearing on, any individual results that may be attained by the trading system in the future.

This trading system, like any other, may involve an inappropriate level of risk for prospective investors. THE RISK OF LOSS IN TRADING COMMODITY FUTURES AND OPTIONS CAN BE SUBSTANTIAL AND MAY NOT BE SUITABLE FOR ALL INVESTORS. Prior to purchasing or leasing a trading system from this or any other system vendor or investing in a trading system with a registered commodity trading representative, investors need to carefully consider whether such trading is suitable for them in light of their own specific financial condition. In some cases, futures accounts are subject to substantial charges for commission, management, incentive or advisory fees. It may be necessary for accounts subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. In addition, one should carefully study the accompanying prospectus, account forms, disclosure documents and/or risk disclosure statements required by the CFTC or NFA, which are provided directly by the system vendor and/or CTA's.

The information contained in this report is provided with the objective of "standardizing" trading systems measurements, and it is intended for educational /informational purposes only. All information is offered with the understanding that an investor considering purchasing or leasing a system must carry out his/her own research and due diligence in deciding whether to purchase or lease any trading system noted within or without this report. This report does not constitute a solicitation to purchase or invest in any trading system which may be mentioned herein. RJO FUTURES AND STRIKER SECURITES, INC. MAKES NO ENDORSEMENT OF THIS OR ANY OTHER TRADING SYSTEM NOR WARRANTS ITS PERFORMANCE. THIS IS NOT A SOLICITATION TO PURCHASE OR SUBSCRIBE TO ANY TRADING SYSTEM.
 
Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

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.