You can lose money
Trading futures, forex and stocks involves a substantial risk of loss. Futures and forex are leveraged: you can lose more than you deposit. Use only money you can afford to lose.
A larger trading size multiplies losses too
Above your account’s value, your trading size is leverage: every loss grows in the same proportion as a gain. On a $100,000 account, a bad 1-in-100 fall in this simulation was 24.9% trading as $100,000, 35.4% trading as $150,000 and 44.8% trading as $200,000. The figures are end-of-day: a fall inside a day can be deeper. Margin limits how large a size an account can carry.
From the portfolio’s sizing update T1 does not reinvest its profits: if you never raise your trading size, your gains do not compound.
Past and simulated results
Past and simulated performance is not a reliable indicator of future results. Read how results are shown.
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
Your account will not match the model exactly
- The prices you actually get (fills), the gap to the expected price (slippage) and fees differ from account to account.
- Futures trade in whole contracts, so each copied futures position is rounded down to whole contracts; the smaller the account or the trading size, the larger the gap.
- Your broker can reject an order, for example for margin or permissions.
- The model portfolio’s stop and target orders stay in the model account. An independent third-party trade-copying provider (“the provider”) closes your copy when the model closes, at the market price.
- A hand trade in your account switches the provider’s automatic sync off until you switch it back on.
- Outages at the provider, at your broker or at data providers can delay or prevent copying.
When copying stops
When you pause, leave or cancel, or when we pause copying for your account, your open positions stay in your account. Nothing closes them for you any more: the model portfolio’s stops and targets do not reach your account. Close them yourself if you want them closed.
Your decision
Eon Quant publishes the same portfolios for everyone and does not know your circumstances. It gives no personal advice. You decide whether the service suits you, and you are responsible for your account, its margin and your taxes.